Problem 19-9 Forecasting Collections (LO2) 20 points Paymore Products places orders for goods equal to 75% of its sales forecast in the next quarter. The sales forecasts for the next five quarters are as follows Skipped Following Year First Quarter $660 Quarter in Coming Year First $492 Second $480 Third $456 Fourth $660 eBook Print References Sales forecast What is the forecast for Paymore's cash receipts in each quarter of the coming year? On average, one-third of sales are collected in the quarter that they are sold, and two-thirds are collected in the following quarter. Assume that sales in the last quarter of the previous year were $456. (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Quarter Collections