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Sheridan Industries expects credit sales for January, February, and March to be $189,200,$223,600, and $258,000, respectively. It is expected that 75% of the sales will

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Sheridan Industries expects credit sales for January, February, and March to be $189,200,$223,600, and $258,000, 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. Sheridan Industries expects credit sales for January, February, and March to be $189,200,$223,600, and $258,000, 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

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