QUESTION 2 77 points Y ARE Sunny Corporation expects to have the following sales over the next three months: July August September Sales in dollars $220,000 $300,000 $380,000 20% of the sales are for cash. Of the remaining credit sales, 30% are collected in the same month as the sale, and 70% are collected the month following the sa of accounts receivable on July 1 was $135,000, which represented the uncollected balance of June sales. Complete the blanks in the first schedule to split sales Sales and credit sales. Then, complete the schedule of cash receipts. If a blank has an amount of so, you are required to enter Do not use commas, or dollar signs in your answer. Round answers to the nearest whole dollar. If necessary. Schedule to split sales between cash sales and credit sales July August September Cash sales Credit sales Total sales Schedule of Cash Receipts August September Schedule of Cash Receipts July Cash sales (from schedule above) June credit sales July credit sales August credit sales September credit sales Total cash receipts