Yada expects total sales of $360,000 in January and $400,000 in February. Assume that Yada's sales are collected as follows: (Click the icon to view the collections.) November sales totaled $300,000, and December sales were $310,000. Prepare a schedule of cash receipts from customers for January and February, including the calculation for the Net Accounts Receivable balance on February 28. 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: 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 $ 24,000 124,000 $ 24,800 180,000 144,000 200,000 $ 328,000 $368,800 Determine the Net Accounts Receivable balance on February 28. Jan.-Credit sales, collection of Jan. sales in Mar. Feb.-Credit sales, collection of Feb. sales in Mar. Feb.-Credit sales, collection of Feb. sales in Apr. Net Accounts Receivable balance on February 28 Included in Accounts Receivable at February 28 More info 50% in the month of the sale 40% in the month after the sale 8% two months after the sales 2% never collected Print Done