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

Q1	Q2	Q3	Q4
180	$ 240	$ 300	$ 450

A. Accounts receivable at the beginning of the year are $510. The company has a 45-day collection period. Calculate cash collections in each of the four quarters by completing the following:

1. beginning receivables

2. sales

3. cash collections

4. ending receivables

B. Accounts receivable at the beginning of the year are $510. The company has a 60-day collection period. Calculate cash collections in each of the four quarters by completing the following:

1. beginning receivables

2. sales

3. cash collections

4. ending receivables