Schedule of cash collections of accounts recelvable Pampered pal inc., a pet suppiies distributor, was organized on January 1. Projected sales for each of the first three months of operations are as follow: All sales are on account. collections are expected as follows: 60% of sales are expected to be collected in the month of the sale, 36% in the month following the sale, and the remainder in the second month following the sale. All sales are on account. Collections are expected as follows: 60%. of sales are expected to be collected jn the month of the sale, 36% in the mionth following the sale, and the remalrider in the socond month following the sale. Prepare a schedule indicating cash collections from sales for January, February, and March