The forecasted sales pertain to Yang, Inc.: Month Sales January $1,000,000 February 1,250,000 March 750,000 April 500,000 Collection pattern: 70 percent in month of sale; 30 percent in month following the sale. Accounts Receivable (December 31): $175,000. Finished Goods Inventory (December 31): $200,000. The company has a selling price of $10 per unit and expects to maintain ending inventories equal to 20 percent of the next month's sales. Calculate the amount of cash that Yang expects to collect in February. $ Answer 1