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Saved Ed's Waterbeds has made the following sales projections for the next six months . All sales are credit sales March 32 , 808 JUNE

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\Saved Ed's Waterbeds has made the following sales projections for the next six months . All sales are credit sales March 32 , 808\ \JUNE April 38 , 808\ JULY \36 , 80 0 May August 44, 860 27, 808\ 46 , 80 0 Sales in January and February were $35.000 and $34.000 respectively Experience has shown that 10 perc* areent of total sales are uncollectible , 30 percent are collected in the month of sale , 40 percent are* collected in the following month , and 20 percent are collected two months after . sale . Print a . Prepare a monthly cash receipts schedule for the firm for March through August. ErenCEs Ed's Waterbeds* Cash Receipts Schedule* January $| 3500 0 February March \April* Sales $| 34000 $1 32000| $| 38000 May ` June July \ 36000 $| 44000 August $ | 27000 $| 46000* Collections of current sales Collections of prior month's sales Collections of sales 2 months earlier Total cash receipts $ 1 $ [ `. Of the sales expected to be made during the six months from March to August , how much will still be uncollected at the end of August ? How much of this is expected to be collected later ?\ Uncollected* Expected to be collected* ` Prey* \1 of 2 !` Next > ~` 10) There

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