Curtis Party Rentals offers party equipment such as tents, tables, chairs, and so on for outdoor events. The rental fees average $750 per event. Curtis receives a 15 percent deposit two months before the event, 60 percent the month before, and the remainder on the day the equipment is delivered and set up. Planners at Curtis estimate the following number of events for the last half of the current year:

Required

a. What are the expected revenues for Curtis Party Rentals for each month, July through December? Revenues are recorded in the month of the event.

b. What are the expected cash receipts for each month, July through October? 

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July..... August.. September October.... November... December.. 140 160 210 120 80 110