Now assume that Bashies's sales are collected as follows: 50% in the month of the sale Bashies expects total sales of $701,500 for January and $353,000 for February. November sales totaled $400,000 and December sales were $407,000. The following schedule of cash receipts for January and February was prepared based upon the collection history given: (Click the icon to view the collection history.) (Click the icon to view the schedule of cash receipts.) 30% in the month after the sale 15% two months after the sale 5% never collected Prepare a revised schedule of cash receipts for January and February (If an input field is not used in the table leave the input field empty, do not enter a zero.) Cash Receipts from Customers January February Total sales January February Cash Receipts from Customers: 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. Feb.-Credit sales, collection of Feb. sales in Feb. Total cash receipts from customers Enter any number in the edit fields and then click Check Answer. Bashies expects total sales of $701,500 for January and $353,000 for February. November sales totaled $400,000 and December sales were $407,000. The following schedule of cash receipts for January and February was prepared based upon the collection history given: (Click the icon to view the collection history.) (Click the icon to view the schedule of cash receipts.) Now assume that Bashies's sales are collected as follows: 50% in the month of the sale 30% in the month after the sale 15% two months after the sale 5% never collected Prepare a revised schedule of cash receipts for January and February Reference More Info Cash Receipts from Customers 60% in the month of the sale January February $ 701,500 $ 353,000 Total sales 20% in the month after the sale 17% two months after the sale 3% never collected January February $ 68,000 Print Done 81,400 Cash Receipts from Customers: 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. Feb.-Credit sales, collection of Feb. sales in Feb. $ 69,190 420,900 140,300 211,800 421,290 570,300 $ Total cash receipts from customers