Smith Company projects the following sales for the first three months of the year: $10,600 in January: $12,300 in February; and $12,900 in March. The company expects 60% in cash and the remainder on account. Sales on account will be collected 20% the month of the sale, 70% month after sale, and 10% 2-months after sale. The Accounts Receivable account has a zero balance on January 15! ROUND to the NEAREST DOLLAR. January February March Total Total Sales January February March Total Cash receipts from customers