Current Attempt in Progress Your answer is incorrect. The Sandhill Company makes a sale on account for $1,200. The market rate of interest is 12%, and the terms of the sale indicate that $1,200 cash is to be received at the end of four months. Click here to view factor tables What amount should The Sandhill Company record regarding this sale and the related account receivable? (For calculation purposes, use 5 decimal places as displayed in the factor table provided and final answer to 2 decimal places, e.g. 52.75.) Amount $ Current Attempt in Progress Your answer is incorrect. The Sandhill Company makes a sale on account for $1,200. The market rate of interest is 12%, and the terms of the sale indicate that $1,200 cash is to be received at the end of four months. Click here to view factor tables What amount should The Sandhill Company record regarding this sale and the related account receivable? (For calculation purposes, use 5 decimal places as displayed in the factor table provided and final answer to 2 decimal places, e.g. 52.75.) Amount $