OfficeMart Inc. has "cash and carry" customers and credit customers. OfficeMart estimates that 25% of monthly sales are to cash custo credit customers. Of the credit customers, 30% pay their accounts in the month of sale, while the remaining 70% pay their accounts in Projected sales for the next three months are as follows: October $58,000 November 65,000 December 72,000 The Accounts Receivable balance on September 30 was $35,000. Prepare a schedule of cash collections from sales for October, November, and December. Enter all amounts as positive numbers. OfficeMart Inc. Schedule of Cash Collections from Sales For the Three Months Ending December 31 October November December Receipts from cash sales: Cash sales tA 14,500 16,250 18,000 September sales on account: Collected in October 35,000 October sales on account: Collected in October 10,500 X Collected in November 54,500 X November sales on account: Collected in November