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The Doak Company has projected the following quarterly sales amounts for the coming year: Q1 $8,250 Q2 $10,020 Q3 $9,420 Q4 $7,920 Sales a. Accounts

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The Doak Company has projected the following quarterly sales amounts for the coming year: Q1 $8,250 Q2 $10,020 Q3 $9,420 Q4 $7,920 Sales a. Accounts receivable at the beginning of the year are $4,020. The company has a 45. day collection period. Calculate cash collections in each of the four quarters by completing the following: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) - Q1 Q2 Q3 Q4 8.250 10,020 9 .420 920 Beginning receivables Sales Cash collections Ending receivables FA b. Accounts receivable at the beginning of the year are $4.020. The company has a 60- day collection period. Calculate cash collections in each of the four quarters by completing the following: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Q1 03 04 8.250 10,020 9,420 7.920 Beginning receivables Sales Cash collections Ending receivables c. Accounts receivable at the beginning of the year are $4,020. The company has a 30- day collection period. Calculate cash collections in each of the four quarters by completing the following: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32) Q1 Q2 Q3 04 8.250 10,020 9,420 7.920 Beginning receivables Sales Cash collections Ending receivables

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