Perfection Constructions Pty Ltd has the following information with regards to its monthly receipts from credit sales/ accounts receivable. January February March April May June Credit Sales ($) 120000 130000 140000 150000 160000 170000 Typically, credit sales are collected in the following pattern: 50% In the month of sale 40% In the month following sale 10 points Save Antwer 10% In the 2nd month following sale Using the information above about the collection policy, please fill in the blanks in the table below to calculate monthly cash receipts from past and current sales. Credit Sales (5) January February Marchi January 120000 February 130000 March 140000 April 150000 May 160000 June 170000 Total Credit April 134000 144000 Collections Note: Each response is worth 1 mark giving a total of 10 marks for the question May June