Question: 39 Please help 39. (6 points) Martin Co. had the following historical collection pattern for its credit sales: 80% collected in the month of sale

39 Please help

39 Please help 39. (6 points) Martin Co. had the following historical

39. (6 points) Martin Co. had the following historical collection pattern for its credit sales: 80% collected in the month of sale 8% collected in the first month after month of sale 5% collected in the second month after month of sale 4% collected in the third month after month of sale 3% uncollectible The sales on open account (credit sales) have been budgeted for the first six months of the year as shown below: January 5 42,000 February 5 38,000 March 5 56,000 April 5 63,000 May 5 72,000 June 5 85,000 Calculate the estimated total cash collections by Martin Co. during April

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