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The Jallouk Company has projected the following quarterly sales amounts for the coming year: Q1 Q2 Q3 Q4 Sales $360 $420 $480 $630 a. Accounts

The Jallouk Company has projected the following quarterly sales amounts for the coming year:

Q1 Q2 Q3 Q4
Sales $360 $420 $480 $630

a. Accounts receivable at the beginning of the year are $330. 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
Beginning receivables $ $ $ $
Sales 360 420 480 630
Cash collections
Ending receivables $ $ $ $

b. Accounts receivable at the beginning of the year are $330. 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 Q2 Q3 Q4
Beginning receivables $ $ $ $
Sales 360 420 480 630
Cash collections
Ending receivables $ $ $ $

c. Accounts receivable at the beginning of the year are $330. 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 Q4
Beginning receivables $ $ $ $
Sales 360 420 480 630
Cash collections
Ending receivables $ $ $ $

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