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Trailers expects total sales of $698,000 for January and $347,000 for February. Assume that Trailers' sales are collected as follows: (1. (Click the icon to

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Trailers expects total sales of $698,000 for January and $347,000 for February. Assume that Trailers' sales are collected as follows: (1. (Click the icon to view the collection history.) November sales totaled $392,000, and December sales were $400,000. Prepare a schedule of cash recoipts from customers for January and February, including the calculation for the Net Accounts Receivable balance on February 28. Round answers to the nearest dollar. More info 40% in the month of the sale 30% in the month after the sale 29% two months after the sale 1% never collected

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