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Outdoorsies expects total sales of $701,000 for January and $353,000 for February

Accounting

Outdoorsies expects total sales of $701,000 for January and $353,000

for February. Assume that Outdoorsies?'s sales are collected as? follows:


?(Click the icon to view the collection? history.)
50% in the month of the sale
30% in the month after the sale
19% two months after the sale
1% never collected


November sales totaled $395,000?, and December sales were $398,000. Prep 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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