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The Maynard Company has projected the following quarterly sales amounts for the coming year: Q1Q2Q3Q4Sales$570$600$660$810 Required:(a) Accounts receivable at the beginning of the year are

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

Q1Q2Q3Q4Sales$570$600$660$810

Required:(a)Accounts receivable at the beginning of the year are $330. Maynard has a 45-day collection period. Calculate cash collections in each of the four quarters by completing the following(Do not include the dollar signs ($). Negative amounts should be indicated by a minus sign):

Q1Q2Q3Q4Beginning receivables$$$$Sales570600660810Cash collections

Ending receivables$$$$

(b)Accounts receivable at the beginning of the year are $330. Maynard has a 60-day collection period. Calculate cash collections in each of the four quarters by completing the following(Do not include the dollar signs ($). Negative amounts should be indicated by a minus sign. Round your answers to the nearest dollar amount(e.g., 32)):

Q1Q2Q3Q4Beginning receivables$$$$Sales570600660810Cash collections

Ending receivables$$$$

(c)Accounts receivable at the beginning of the year are $330. Maynard has a 30-day collection period. Calculate cash collections in each of the four quarters by completing the following(Do not include the dollar signs ($). Negative amounts should be indicated by a minus sign. Round your answers to the nearest dollar amount(e.g., 32)):

Q1Q2Q3Q4Beginning receivables$$$$Sales570600660810Cash collections

Ending receivables$$$$

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