The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year: Sales Q1 $ 720 Q2 $ 750 Q3 $ 810 Q4 $ 960 a. Accounts receivable at the beginning of the year are $480. The company has a 45-day collection period. Calculate cash collections in each of the four quarters by completing the following: Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32. Q1 Q2 Q3 Q4 Beginning receivables $ 480 $ 840 $ 1,216 $ 1,621 x Sales 720 750 810 960 Cash collections 360 X 374 405 X 480 X Ending receivables $ 840 $ 1,216 $ 1,621 $ 2,101 X Accounts receivable at the beginning of the year are $480. The company has a 60-day collection period. Calculate cash collections in each of the four quarters by completing the following: Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32. Q1 Q2 Q3 Q4 Beginning receivables $ 480 $ 720 $ 970 $ 1,240 Sales 720 750 810 960 Cash collections 480 X 500 540 x 640 Ending receivables $ 720 x $ 970 $ 1,240 $ 1,560 X Accounts receivable at the beginning of the year are $480. The company has a 30-day collection period. Calculate cash collections in each of the four quarters by completing the following: Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32. Q1 Q2 Q3 Q4 Beginning receivables $ 480 $ Sales 720 960 $ 750 1,460 x $ 810 2,000 960 Cash collections 240 x Ending receivables $ 960X $ 250 X 1,460 $ 270 x 2,000 $ 320 X 2,640 x