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Sales in December were $960 000. Projected sales for the first quarter of 2018 are: January$1 080 000 February$1 300 000 March$1 280 000 Sales

Sales in December were $960 000. Projected sales for the first quarter of 2018 are:

January$1 080 000

February$1 300 000

March$1 280 000

Sales are 20% cash and 80% on credit. Debtors pay in the month following the sale.

Refer to the table above. Calculate total cash collected from sales for the month of March.

Refer to the table above. Calculate the cash collected from accounts receivable in the month of February.

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