Route Canal Shipping Company has the following schedule for aging of accounts receivable: Age of Receivables April 30, 20x1 (1) (2) (3) (4) Month of Age of Percent of Sales Account Amounts Amount Due April 0-30 $ 131, 760 March 31-60 49, 410 February 61-90 115, 290 January 91-120 32, 940 Total receivables $ 329, 400 100% a. Calculate the percentage of amount due for each month. Percent of Month of Sales Amount Due April % March of February January Total receivables 100 % b. If the firm had $1,464,000 in credit sales over the four-month period, compute the average collection period. Average daily credit sales should be based on a 120-day period. Average collection period days c. If the firm likes to see its bills collected in 32 days, should it be satisfied with the average collection period? Yes O No d. Disregarding your answer to part c and considering the aging schedule for accounts receivable, should the company be satisfied? Yes O NO