Problem 4-17 (Algo) Schedule of cash receipts [LO 4-2] J, Lo's Clothiers has forecast credit sales for the fourth quarter of the year: Experience has shown that 15 percent of sales are collected in the month of sale, 60 percent are collected in the following month, and 25 percent are never collected: Prepare a schedule of cash recelpts for J. Lo's Clothlers covering the fourth quarter (October through December)