Rockers expects total sales of $$702,500$ for January and $$353,000$ for February. Assume that Rockers'$-$sales are collected as follows:

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November sales totaled $$392,000,$ and December sales were $$398,000.$ Prepare a schedule of cash receipts from customers for January and February, including the calculation for the Net Accounts Receivable balance on February $28.$ Round answers to the nearest dollar.

Prepare a schedule of cash receipts from customers for January and February. $($If an input field is not used in the table leave the input field empty; do not enter a zero.$)$

Cash Receipts from Customers

$\backslash$table$[[$Total sales,January,February$],[,,],[$Cash Receipts from Customers:,January,February$],[$Nov$.-$Credit sales, collection of Nov. sales in Jan.,,$],[$Dec$.-$Credit sales, collection of Dec. sales in Jan.,,$],[$Dec$.-$Credit sales, collection of Dec. sales in Feb.,,$],[$Jan$.-$Credit sales, collection of Jan. sales in Jan.,,$],[$Jan$.-$Credit sales, collection of Jan. sales in Feb.,,$],[$Feb$.-$Credit sales, collection of Feb. sales in Feb.,,$],[$Total cash receipts from customers,,$]]$

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$40\%$ in the month of the sale

$30\%$ in the month after the sale

$27\%$ two months after the sale

$3\%$ never collected

Determine the Net Accounts Receivable balance on February $28.$

Included in

Accounts

Receivable at