Schedule of cash collections of accounts receivable OfficeMart Inc. has "cash and carry" customers and credit customers. Office Mart estimates that 30% of monthly sales are to cash castomers, while the remaining sales are to credit customers. Of the credit customers, 25% pay their accounts in the month of sale, while the remaining 75% pay their accounts in the month following the month of sale. Projected sales for the next three months are as follows: The Accounts Receivable balance on September 30 was $79,000. Prepare a schedule of cash collections from sales for October, November, and Decanber. Round all calculations to the nearest whole dollar. Schedule of Cash Collections from Sales