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Trailers expects total sales of $699,000 for January and $352,000 for February. Assume that Trailers's sales are collected as follows: (Click the icon to view

Trailers expects total sales of $699,000 for January and $352,000 for February. Assume that Trailers's sales are collected as follows: (Click the icon to view the collection history.) November sales totaled $393,000, and December sales were $403,000. Prepare a schedule of cash receipts from customers for January and February. Round answers to the nearest dollar. (If an input field is not used in the table leave the input field empty; do not enter a zero.) Cash Receipts from Customers Total sales Cash Receipts from Customers: Nov.-Credit sales, collection of Nov. sales in Jan. Dec.-Credit sales, collection of Dec. sales in Jan. Dec.-Credit sales, collection of Dec. sales in Feb. Jan.-Credit sales, collection of Jan. sales in Jan. Jan.-Credit sales, collection of Jan. sales in Feb. Feb.-Credit sales, collection of Feb. sales in Feb. Total cash receipts from customers January February More info January February 50% in the month of the sale 30% in the month after the sale 16% two months after the sale 4% never collected Print Done

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