Return to question Sales on account for the first two months of the current year are budgeted as follows. January February $ 683,000 599,000 All sales are made on terms of 2/10,n/30 (2 percent discount if paid in 10 days, full amount by 30 days): collections on accounts receivable are typically made as follows. 601 15 Collections within the month of saler Within discount period After discount period Collections within the month following saler Within discount period After discount period Returns, allowances, and uncollectibles Total 15 7 1000 Compute the estimated cash collections on accounts receivable for the month of February * Answer is complete but not entirely correct. Estimated cash collections $ 833 760