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The following is the sales budget for Coore, Inc, for the first quarter of 2019: January February March Sales budget $143,000 $160,000 $175,000 [ Credit
The following is the sales budget for Coore, Inc, for the first quarter of 2019: January February March Sales budget $143,000 $160,000 $175,000 [ Credit sales are collected as follows: 60 percent in the month ofthe sale 30 percent in the month after the sale 10 percent in the second month after the sale The accounts receivable balance at the end ofthe previous quarter was $100,000 ($82,000 of which was uncollected December sales]. a. Compute the sales for November. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.} [3. Compute the sales for December. [Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.} c. Compute the cash collections from sales for each month from January through March. [Do not round intermediate calculations and round your answers to the nearest whole number, e.g.. 32.] November sales December sales Febmary collections March collections a January collections
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