The MacFarlane Company has projected the

following quarterly sales amounts for the coming year:

a. Accounts receivable at the beginning of the year are $1,900. The

company has a 45-day collection period. Calculate cash collections in

each of the four quarters by completing the following:

b. Rework part (a) assuming a collection period of 60 days.

c. Rework part (a) assuming a collection period of 30 days.