Problem 26.5 Calculating Cash Collections The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year: Accounts recelvable at the beginning of the year are $335. The company has a 45 -day collection period. p. Calculate cash collections in each of the four quarters by completing the following: (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. Recalculate the cash collections with a collection period of 30 days. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations ond round your answers to 2 decimal places, e.g., 32.16.) b. Recalculate the cash collections with a collection period of 60 days. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.9.. 32.16.) a. Calculate cash collections in each of the four quarters by completing the following: (A) negotive answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal pleces, e.9., 32.16.)