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Yordi Company expects total sales of $ 3 6 8 , 0 0 0 in January and $ 4 1 5 , 0 0 0

Yordi Company expects total sales of $368,000 in January and $415,000 in February. Assume that Yordi Company's sales are collected as follows:
View Yordi Company's sales collection schedule.
November sales totaled $340,000, and December sales were $320,000. 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.)
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 Recelpts from Customers
\table[[,January,February],[Total sales],[,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,,]]
Sales Collection Schedule
40% in the month of the sale
30% in the month after the sale
26% two months after the sales
4% never collected
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