The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year: Q1 Q2 Q3 Q4 Sales $800 $830 $910 $990 a. Accounts receivable at the beginning of the year are $390. The company has a 45- day collection period. Calculate cash collections in each of the four quarters by completing the following (A negative answer should be indicated by a minus sign. Round your answers to 2 decimal places, e.g., 32.16.) Answer is not complete. Q1 Q2 03 Q4 Beginning receivables Sales 830.00 Cash collections 239.86 Ending receivables 397.40 $ $ $ 390.00 800.00 1.382 74 (192 74) S 910.00 1,480.42 (173.02) S 990.00 399.87 417 13 b. Recalculate the cash collections with a collection period of 60 days. (A negative answer should be indicated by a minus sign. Round your answers to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. Q1 Q2 Q3 Q4 Beginning receivables 390.00 $ 399.88 (100.70) (127.00) $ 830.00 Sales 800.00 910.00 990.00 Cash collections 1.317.00 1,410.58 463 12 X 303 12 X 399.88 $ Ending receivables (127.00) $ (100.70) 426 18 c. Recalculate the cash collections with a collection period of 30 days. (A negative answer should be indicated by a minus sign. Round your answers to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. Q1 Q2 Q3 Beginning receivables $ $ 390.00 800.00 (258,50) S 830.00 Sales 394.94 $ 910.00 1,550 28 Cash collections 1,448.50 x 176.56 Ending receivables (258.50) $ 394.94 $ (245.34) $ $ Q4 (245. 34) 990.00 336.58 408.08