October: 18,865,000

November: 21,962,000

December: 20,429,000

(Please help with this practice problem for my accounting class. I included the months that were not visable in the picture.)

Wellman Company makes cash (10% of total sales), credit card (40% of total sales), and account 50% of total sales) sales, Credit card sales are collected in the month following the sale, net a 1% creditcard fee. This means that if the sale is S100, the credit card companys fee is $1, and Wellman receives S99. Account sales are collected as follows: 50% in the first month following the sale, 30% in the second month following the sale, 12% in the third month following the sale, and 8% never collected. The following table identifies the projected sales for the next year. EEE (Click the icon to view the table.) Requirement Prepare a statement showing the cash expected each month from the collections from these sales. Begin by calculating the expected collections form cash sales, then calculate the expected cash collections from credit card sales, collections on account, and the total collections in the following steps. (Round your answers to the nearest whole dollar. Complete all input cells. Enter a "0" for items with a zero balance Data Table Cash Month Sales Sales January 2,355,000 Wellman Company Projected Sales February 15,948,000 Month Sales Month Sales March 13,262,000 12,355,000 July 21,732,000 January April 19,372,000 14,923,000 February 15,948,000 August 20,952,000 May March 13,262,000 September 11,995,000 18,885,000 June April 19,372,000 October 18,865,000 July 21,732,000 21,962,000 May 20,952,000 November 14,923,000 August June 18,885,000 December 20,429,000 September 11,995,000