Yogi expects total sales of $$345,000$ in January and $$416,000$ in February. Assume that Yogi's sales are collected as follows:

$($Click the icon to view the collections.$)$ nearest dollar. $($If an input field is not used in the table leave the input field empty; do not enter a zero.$)$

Prepare a schedule of cash receipts from customers for January and February. $($If an input field is not used in the table leave the input field empty; do not enter a zero.$)$

Cash Receipts from Customers

$\backslash$table$[[,$January,February$],[$Total sales,$345,000,416,000],[,$January,February$],[$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,,$]]$

Determine the 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

Net Accounts Receivable balance on February $28$

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