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Sunland industries expect credit sales for January, February, and march to be $209600, $252200, and $292800, respectively. It is expected that 75% of the sales

Sunland industries expect credit sales for January, February, and march to be $209600, $252200, and $292800, 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. Calculate cash collections from customers for each month.

Sunland industries

Schedule of expected collections

Collections by month

Sales Jan Feb March Total
January $ $ $ $ $
February
March
Total collections ------ $ $ $ $

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