The Wilderness Company has projected the following quarterly sales amounts for the coming year:

	Q1 $	Q2 $	Q3 $	Q4 $
Sales (in millions)	120	240	270	126

Accounts receivable at the beginning of the year are $90 million. Wilderness has a 60-day collection period. Calculate cash collections in each of the four quarters by completing the following:

	Q1 $	Q2 $	Q3 $	Q4 $
Beginning receivables
Sales (in millions)
Cash collections
Ending receivables

What would be the effect of shortening the collection period to 30 days?