Chapter $14$ Study Problem $14-2,$ Page$-473$

$14-2.($Pro forma accounts receivable balance calculation$)$ Jimmie's micro brewery is located in downtown Ruston, Louisiana in a restored section of the old Ford dealership. Jimmie sells his beer both to retail customers that visit his brewery and also distributes his line of craft beers through M$.$ L$.$ Keith Food Distributors. Jimmie's wholesale distributor purchases his beer on credit which amounts to about $50\%$ of the brewery's total sales. Firm sales were roughly evenly split between credit and cash sales, with $25$ percent of the credit sales collected in the month after the sale and the remainder $2$ months after the sale. Historical and projected sales for the brewing company are given here:

$\backslash$table$[[$MONTH$,$SALES,MONTH,SALES$],[$January$,$$$60,000,$March,$$70,000$