Current Attempt in Progress Your answer is partially correct. Sheridan Industries expects credit sales for January February, and March to be $109.200,5223,600 and 5258.000 respectively the expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month Computer cash collections from customers for each month, Collections from Customers January Credit Sales February March $ $ $ January 141900 47200 0 375200 5400 February 0 0 193500 March 222500 231600 14100