Route Canal Shipping Company has the following schedule for aging of accounts receivable Age of Receivables April 30, 20X1 Month of Sales Age of AccountAmounts Percent of Amount Due April March February January 0-30 S 244 640 31-60 61-90 91-120 122,320 183,480 61,160 611.600 Total receivables 100% a. Calculate the percentage of amount due for each month. Month of Sales Arount ue Month of Sales Amount Due April March February January Total receivables100 period, compute the average collection period Average daily sales should be based on a 120-day b. If the firm had $1,668,000 in credit sales over the four-month period Aversage collection periodo days c. If the firm likes to see its bills collected in 43 days, shouild it be satisfied with the average collection penod? O Yes d. Disregarding your answer to part c and considering the aging scheduie for accounts receiveble, should the c O Yes O No