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Calculating Cash Collections [LO3] The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year: a. Accounts receivable at the beginning of the year are $345. The company has a 45-day collection period. Calculate cash collections in each of the four quarters by completing the following: b. Rework (a) assuming a collection period of 60 days. c. Rework (a) assuming a collection period of 30 days