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Metlock Industries expects credit sales for January, February, and March to be $198,200, $269,100, and $290,500, respectively. It is expected that 80% of the sales

Metlock Industries expects credit sales for January, February, and March to be $198,200, $269,100, and $290,500, respectively. It is expected that 80% of the sales will be collected in the month of sale, and 20% will be collected in the following month. Calculate cash collections from customers for each month. ales $ Jan METLOCK INDUSTRIES Schedule of Expected Collections Collections by Month $ Feb $ Mar $ $ $ $ $ Tota

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