Problem 16-5 Calculating Cash Collections (LO 3] The Geller Company has projected the following quarterly sales amounts for the coming year: Sales - Q1 $615 Q2 $705 Q3 $660 Q4 $925 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.) S Answer is complete and correct. Q1 Q2 Q3 360 S 308 353 815 705 6 80 1 688 880 683 308S 353s 330S Beginning receivables Sales Cash collections Ending receivables 04 330 925 098 793 463 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) $ Beginning receivables Sales Cash collections Ending receivables Answer is complete but not entirely correct. Q1 Q2 Q3 Q4 380 $ 308 S 353 $ 330 815705660 925 888 880 683 793 3 08 353 $ 330 $ 483 S 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.) Answer is not complete. 01 02 03 04 360 615705680925 5 Beginning receivables Sales Cash collections Ending receivables S 308 353 330 3 483