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Jekell Catering Inc. is a caterer of corporate lunches and events. The following is Jekell's sales forecast by quarter for the upcoming year.

Jekell Catering Inc. Forecasted Sales For the Year Ended December 31, 2020
	Q1	Q2	Q3	Q4	Total
Sales	$102,000	$280,000	$332,000	$232,000	$946,000

In addition, sales in Q3 and Q4 of 2019 totaled $132,000 and $199,000 respectively. According to the company's sales records, all revenue is invoiced (i.e. credit sales). Assume the following historical trends were noted by management regarding credit sales:

47% of credit customers pay during the quarter in which the sale took place

35% of credit customers pay in the quarter immediately following the quarter of sale

18% of credit customers pay in the second quarter following the quarter of sale

Do not enter dollar signs or commas in the input boxes. Prepare a schedule of cash receipts on a quarterly basis.

Jekell Catering Inc. Cash Receipts For the Year Ended December 31, 2020
	Q1	Q2	Q3	Q4	Total
Q3 2019	$Answer				$Answer
Q4 2019	$Answer	$Answer			$Answer
Q1 2020	$Answer	$Answer	$Answer		$Answer
Q2 2020		$Answer	$Answer	$Answer	$Answer
Q3 2020			$Answer	$Answer	$Answer
Q4 2020				$Answer	$Answer
Total Cash Receipts	$Answer	$Answer	$Answer	$Answer	$Answer

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