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Schedule of Cash Colfections of Accounts Pleceivable Office World Inc, has cash and carry customers ond credic customers. Office World estimates that 20% of monthly

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Schedule of Cash Colfections of Accounts Pleceivable Office World Inc, has "cash and carry" customers ond credic customers. Office World estimates that 20% of monthly sales are to cash customers, whise the remaining sales are to credit customers. Of the credit customers, 25% pay their accounts in the nonth of sale, while the remaining 75% pay thei accounts in the month following the month of sale. Projected sales for the next three months are as follows: October $121,000 November 151,000 December 221,000 The Accounts Receivable balance on September 30 was $81,000. Prepare a schedule of cash collections from sales for October, November, and December. Round all calculations to the nearest whole dollar. Office World Inc. Schedule of Collections from Sales For the Three Months Ending December 31

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