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units sales for quarter ending 06-30-2019 1,000 units 1,500 units 750 units 750 units 1,100 units 1,500 units Unit sales price $ 275.00 Sales are
units sales for quarter ending 06-30-2019 1,000 units 1,500 units 750 units 750 units 1,100 units 1,500 units Unit sales price $ 275.00 Sales are on account with 85% of the accounts receivable collected in the quarter of sale, and 15% are collected in the quarter after sale. Accounts Receivable on December 31, 2017 totaled $194,750.00 collected in the 1st Qtr, 2018. 50% of materials are paid in the quarter of purchase, and 50% are paid in the quarter after purchase. Accounts Payable on December 31, 2017 totaled $120,595.00, paid 100% in 1st Qtr, 2018. Sales of Common Stock 1st Qtr, 2018: Sale of Preferred Stock 2nd Qtr, 2018: $ 294,650.00 3rd Qtr, 2018 $ 310,500.00 $ 145,000.00
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