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Mountaineers expects total sales of $700,000 for January and $355,000 for February. Assume that Mountaineers' sales are collected as follows: (Click the icon to view

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Mountaineers expects total sales of $700,000 for January and $355,000 for February. Assume that Mountaineers' sales are collected as follows: (Click the icon to view the collection history.) November sales totaled $395,000, and December sales were $409,000. 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.) More info 60% in the month of the sale 30% in the month after the sale 9% two months after the sale 1% never collected

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