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Kaspar Industries expects credit sales for January, February, and March to be $205,100, $263,100, and $314,500, respectively. It is expected that 75% of the sales

Kaspar Industries expects credit sales for January, February, and March to be $205,100, $263,100, and $314,500, 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

$enter a dollar amount

$enter a dollar amount

$enter a dollar amount

February

enter a dollar amount

enter a dollar amount

enter a dollar amount

March enter a dollar amount enter a dollar amount enter a dollar amount

$enter a total amount

$enter a total amount

$enter a total amount

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