Kaspar Industries expects credit sales for January, February, and March to be $204,900, $266,000, and $320,600, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month.

Kaspar Industries expects credit sales for January, February and March to be $204,900, $266,000, and $320,600 respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month Collections from Customers Credit Sales January February March January February March