The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year:

	Q1			Q2			Q3			Q4
Sales	$	850		$	880		$	960		$	1,040

a.

Accounts receivable at the beginning of the year are $365. 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. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.):

	Q1	Q2	Q3	Q4
Beginning receivables
Sales	850.00	880.00	960.00	1,040.00
Cash collections
Ending receivables

b.	Recalculate the cash collections with a collection period of 60 days. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Q1Q2Q3Q4Beginning receivables Sales850.00880.00960.001,040.00Cash collectionsEnding receivables

c.	Recalculate the cash collections with a period of 30 days. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

	Q1	Q2	Q3	Q4
Beginning receivables
Sales	850.00	880.00	960.00	1,040.00
Cash collections
Ending receivables