The Litzenberger Company has projected the following quarterly sales amounts for the coming year: Sales Q1 $770 Q2 $800 Q3 $880 Q4 $960 a. Accounts receivable at the beginning of the year are $360. 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 2 decimal places, e.g., 32.16. A negative answer should be indicated by a minus sign.) Q1 Q2 Q3 04 $ $ $ Beginning receivables Sales Cash collections 360 770.00 385 800.00 400 880.00 440 960.00 Ending receivables 385 400 440 480 b. Recalculate the cash collections with a collection period of 60 days. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. A negative answer should be indicated by a minus sign.) Q1 Q3 Q4 R $ 360 770.00 $ Beginning receivables Sales Cash collections Q2 513.33 800.00 $ 880.00 960.00 Ending receivables c. Recalculate the cash collections with a collection period of 30 days. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. A negative answer should be indicated by a minus sign.) Q1 Q3 Q4 $ $ $ Q2 256.67 800.00 Beginning receivables Sales Cash collections $ 360 770.00 266.66 880.00 293.34 960.00 Ending receivables $ 256.67 $ 266.66 $ 293.34 $ 320.00