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Simpson Glove Company hos made the following saies propections for the next six months. Al solos are credit sweles: Soles in Jamary and Fetaruary weie

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Simpson Glove Company hos made the following saies propections for the next six months. Al solos are credit sweles: Soles in Jamary and Fetaruary weie $41000 and $39000 itspectively. Experience has shown that of total sales receipts 10 percen are uncollectiole, 40 percent are collected in the month of sale, 30 percent are collected in the following month, and 20 percent are collecied two months atter sale. Prepare a monthly cashuecelpts schedule for the firm for March through Augpust

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