Question: PLEASE HELP ME ANSWER THE FINAL PART (c) to this question!!!!! Help John prepare the sales forecast for quarter 2 (outlining amounts for each month

PLEASE HELP ME ANSWER THE FINAL PART (c) to this question!!!!!
PLEASE HELP ME ANSWER THE FINAL PART (c) to this question!!!!! Help
John prepare the sales forecast for quarter 2 (outlining amounts for each
month ard for the quarter overall). \begin{tabular}{|c|c|c|c|c|c|c|c|c|} \hline \multirow[b]{2}{*}{ Beginning AVR (March)
} & \multicolumn{2}{|c|}{ April } & \multicolumn{2}{|c|}{ May } & \multicolumn{2}{|c|}{ June

Help John prepare the sales forecast for quarter 2 (outlining amounts for each month ard for the quarter overall). \begin{tabular}{|c|c|c|c|c|c|c|c|c|} \hline \multirow[b]{2}{*}{ Beginning AVR (March) } & \multicolumn{2}{|c|}{ April } & \multicolumn{2}{|c|}{ May } & \multicolumn{2}{|c|}{ June } & \multicolumn{2}{|c|}{ Quarter } \\ \hline & s & 850000 & $ & i & s & i & s & 850000 \\ \hline Aprilcashsales & & 1113125 & & i & & i & & 1113125 \\ \hline April card sales & & 2181725 & & i & & i & & 2181725 \\ \hline April credit sales & & 6339.38 & & 7235.31 & & i & & 10574.69 \\ \hline Maycanh sales & & i & & 1235000 & & i & & 1295000 \\ \hline Maycard sales. & & a. & & 2420600 & & 1 & & 2420600 \\ \hline Maycredit sales & & i & & 370500 & & 802750 & & 11732.50 \\ \hline June cash sales & & i & & i & & 11781.25 & & 1178125 \\ \hline June card sales & & & & i & & 2309125 & & 2309125 \\ \hline June credit sales & & 1 & & 1 & & 3534.38 & & 353438 \\ \hline Total cash receipts & $ & 44787.88 & $ & 47496.31 & \$ & 46434.38 & $ & 13871856 \\ \hline \end{tabular} Determine the collectible (or net) A/R balance at the end of quarter 2. (Round answer to 2 decimal places, e.g. 15.25.) A/R balance at the end of quarter 2 Johris supervisor is working on the compary's budgeted balance sheet for quarter 2 , and he delegates budgeting for the ending A/R balance to John. He gets rieht to work, realizing that he cinit with relevant information from the sales department, as follows. - Sales volume is expected as follows: Acrit, 685 units, Mar, 760 units; June, 725 units; and July, 760 units. - Average velling price is expected to be $65 per unis. - SOK of each months swles are credit card/debit card sales, subject to a 2 K merchunt fee Al approprote receipts will be deposited into the companys account in the month of sale - 25% of cach montrissales are trade credit sales. 30% of trade credit custorners pay their balance in the month of the sale, and 65% pary in fult the month totlowing the sale. 5% of trade credit sales go uncollected. - The ARR balance on March 31 was $8.500, reflecting the remaining collectible amount from March credir sales

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