Problem 16-5 Calculating Cash Collections (LO 3] The Geller Company has projected the following quarterly sales amounts for the coming year: Q1 $615 Q2 $705 Q3 $660 Q4 $925 Sales a. Accounts receivable at the beginning of the year are $360. The company has a 45- day collection period. Calculate cash collections in each of the four quarters by completing the following: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) ces Q3 Q4 Q1 Q2 $ 360 925 615 705 660 Beginning receivables Sales Cash collections Ending receivables b. Accounts receivable at the beginning of the year are $360. The company has a 60- day collection period. Calculate cash collections in each of the four quarters by completing the following: (Do not round Intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Q1 Q2 Q3 Q4 $ 360 615 705 660 925 Beginning receivables Sales Cash collections Ending receivables C. Accounts receivable at the beginning of the year are $360. The company has a 30- day collection period. Calculate cash collections in each of the four quarters by completing the following: (Do not round Intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Q1 Q2 Q3 Q4 $ 360 615 Beginning recolvables Sales Cash collections Ending receivables 705 660 925