The MacFarlane Company has projected the following quarterly sales amounts for the coming year: Q1 Q2 Q3 Q4 Sales $7,920 $9,720 $9,120 $7,620

The MacFarlane Company has projected the following quarterly sales amounts for the coming year Sales $7,920 $9,720 $9,120 $7,620 a. Accounts receivable at the beginning of the year are $3,720. 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 Beginning receivables Sales 9,720 9,120 7,920 7,620 Cash collections Ending receivables b. Accounts receivable at the beginning of the year are $3,720. 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 Beginning receivables Sales 9,720 9,120 7,920 7,620 Cash collections Ending receivables c. Accounts receivable at the beginning of the year are $3,720. 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 Beginning receivables 9,720 9,120 Sales 7,920 7,620 Cash collections Ending receivables