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Climbers expects total sales of $701,500 for January and $346,000 for February. Assume that Climbers's...

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Accounting

Climbers expects total sales of $701,500 for January and $346,000 for February. Assume that Climbers's sales are collected as follows: LOADING...(Click the icon to view the collection history.)

60% in the month of the sale

20% in the month after the sale

15% two months after the sale

5% never collected

November sales totaled $393,000, and December sales were $399,000. Prepare a schedule of cash receipts from customers for January and February. Round answers to the nearest dollar. (If a box is not used in the table leave the box empty; do not enter a zero.)

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