Marcel Company projects the following sales for the first three months of the year: $13,500 in January; $10,200 in Fobruary; and $15,800 in March. The company expects 70 of of the sales to be cash and the remainder on account. Sales on account are collected 50% in the month of the sale and 50% in the foliowing month. The Accounts Receivable account has a zero balance on January 1. Round to the nearest doliar. Read the tequirements Requiroment 1. Prepare a schedule of caah receipts for Maroel for Jaruary, Februacy, and March. What is the balance in Accounts Receivable cn March 31? (tt an input feld is not used, leave the input feid empty Do not enter a zero.) 1. Prepare a schedule of cash receipts for Marcel for January, February, and March. What is the balance in Accounts Receivable on March 31? 2. Prepare a revised schedule of cash receipts if receipts from sales on account are 70% in the month of the sale, 10% in the month following the sale, and 20% in the second month following the sale. What is the balance in Accounts Receivable on March 31