please do requirement 1&2

Marcel Company projects the following sales for the first three months of the year: $10,600 in January; $12,300 in February, and $10,500 in March. The company expects 80% of the sales to be cash and the remainder on account. Sales on account are collected 50% in the month of the sale and 50% in the following month. The Accounts Receivable account has a zero balance on January 1 . Round to the nearest dollar. Read the reguirements: Requirement 1. Prepare a schedule of cash receipts for Marcel for January, February, and March. What is the balance in Accounts Recoivable on March 31 ? gf an input field is not used. loave the input fledd emply. Do not enter a zero.) \begin{tabular}{l} Total sales \\ \hline Cash Receipts from Customers: \\ \hline Accounts Receivable balance, January 1 \\ January -Cash sales \\ \hline January-Credit sales, collection of January sales in January \\ \hline January-Credit sales, collection of January sales in February \\ \hline February-Cash sales \\ \hline February-Credit sales, collection of February sales in February \\ \hline February-Credit sales, collection of February sales in March \\ \hline March-Cash sales \\ \hline March-Credit sales, collection of March sales in March \\ Total cash receipts from customers \end{tabular} Accounts Receivable balance, March 31: March - Credit sales, collection of March sales in April Requirement 2. Prepare a revisod schedule of cash receipts if receipts from sales on account are 60% in the month of the sale, 35% in the month following the sale, and 5% in the second month following the sale. What is the balance in Accounts Receivable on March 31 ? (If an input Seld is not used, leave the inpul feld emply Do not enter a ze:0.)