Lily Industries expects credit sales for January, February, and March to be $237,600, $280,800, and $324,000, 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. Credit Sales January February March $ $ January Collections from Customers $ February $ HA March

Lily industries expects credit sales for January. February, and March to be $237,600,$280,800, and $324,000, 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