The Litzenberger Company has projected the following quarterly sales amounts for the coming year: Sales 01 $ 760 02 $790 03 $870 04 $950 a. Accounts receivable at the beginning of the year are $350. 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.) 01 02 03 04 $ $ S $ 350 760 790 870 950 Beginning receivables Sales Cash collections Ending receivables $ $ $ 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.) 01 02 03 04 S $ $ 350 760 790 870 950 Beginning receivables $ Sales Cash collections 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.) 01 Q2 03 04 $ 350 $ $ $ 760 790 870 950 Beginning receivables Sales Cash collections Ending receivables $ $ $ $