Schedule of Cash Collections of Accounts Receivable OfficeMart Inc. has "cash and carry customers and credit customers. OriceMart estimates that 25% of monthly sales are to cash customers, while the remaining sales are to credit customers. Of the credit customers, 20% pay their accounts in the month of sale, while the remaining 80% pay their accounts in the month fotowing the month of sale. Projected sales for the next three months are as follows: October $124,000 November 155,000 December 227,000 The Accounts Receivable balance on September 30 was $83,000 Prepare a schedule of cash collections from sales for October, November, and December. Round all calculations to the nearest whole dollar OfficeMart Inc. Schedule of Cash Collections from Sales For the Three Months Ending December 31 October November December Receipts from eash sales: Cash sales September sales on account: Collected in October October sales on account: Collected in October Collected in November November sales on account: Collected in November 000 00