More info 40% in the month of the sale 30% in the month after the sale 28% two months after the sale 2% never collected Victors expects total sales of $702,500 for January and $354,000 for February. Assume that Victors' sales are collected as follows: Click the icon to view the collection history.) November sales totaled $386,000, and December sales were $425,000. Prepare a schedule of cash receipts from customers for January and February, including the calculation for the Net Accounts Receivable balance on February 28. Round answers to the nearest dollar. Prepare a schedule of cash receipts from customers for January and February. (If an input field is not used in the table leave the input field empty; do not enter a zero.) Determine the Net Accounts Receivable balance on February 28. Nov.-Credit sales, collection of Nov. sales in Jan. Dec.-Credit sales, collection of Dec. sales in Jan. Dec.-Credit sales, collection of Dec. sales in Feb. Jan.-Credit sales, collection of Jan. sales in Jan. Jan.-Credit sales, collection of Jan. sales in Feb. Jan.-Credit sales, collection of Jan. sales in Mar. Feb.-Credit sales, collection of Feb. sales in Feb. Feb.-Credit sales, collection of Feb. sales in Mar. Feb.-Credit sales, collection of Feb. sales in Apr. bbruary. Assume that Victors' sales a 1. Prepare a schedule of cash receipt eceivable balance on February 28. R \begin{tabular}{l} \hline \\ Included in \\ Accounts \\ Receivable at \\ February 28 \\ \hline \end{tabular} Net Accounts Receivable balance on February 28