Sheffield Industries expects credit sales for January, February, and March to be $215,600, $254,800, and $294,000, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month. Credit Sales January February March +A January Collections from Customers $ LA February LA March

Sheffield Industries expects credit sales for January, February, and March to be $215,600,$254,800, and $294,000, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month