The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year: Q1 Q2 Q3 Q4 Sales $ 820 $ 850 $ 930 $ 970 -------------------------------------------------------------------------------- a. Accounts receivable at the beginning of the year are $410. Morning Jolt has a 45-day collection period. Calculate cash collections in each of the four quarters by completing the following (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g., 32.16)): Q1 Q2 Q3 Q4 Beginning receivables $ $ $ $ Sales 820.00 850.00 930.00 970.00 Cash collections -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Ending receivables $ $ $ $ -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- b. Recalculate the cash collections with a collection period of 60 days. (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g., 32.16)) Q1 Q2 Q3 Q4 Beginning receivables $ $ $ $ Sales 820.00 850.00 930.00 970.00 Cash collections -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Ending receivables $ $ $ $ -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- c. Recalculate the cash collections with a collection period of 30 days. (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g., 32.16)) Q1 Q2 Q3 Q4 Beginning receivables $ $ $ $ Sales 820.00 850.00 930.00 970.00 Cash collections -------------------------------------------------------------------------------- Ending receivables $ $ $ $