Johnnys Rose Emporium forecasts sales as follows:

January $10,000

February $20,000

Historically, 50% of sales are collected in the same month as the sale. 30% of sales are collected in the month after the sale, and 20% of sales are collected two months after the sale.

Accounts receivable at December 31 totaled $6,000 and all will be collected in January.

#1 - How much are cash collections in January? Enter a whole number, with no decimals, dollar signs, or commas.

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#2 - How much are cash collections in February? Enter a whole number, with no decimals, dollar signs, or commas.

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#3 - What is the amount of accounts receivable at February 28? Enter a whole number, with no decimals, dollar signs, or commas.

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