Simpson Glove Company has made the following sales projections for the next six months. All sales are credi siles. Sales in January and Febriary were $41,000 and $39.000, respectively. Experience has shown that of total sales receipts 10 percent are uncollectible, 35 percent are collected in the month of sale, 25 percent are collected in the following month, and 30 percent are collected two months after sale. Prepare a monthly cash receipts schedule for the firm for March through August