The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year:...

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The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year: Q1 Q2 Q3 Q4 Sales $750 $810 $ 890 $980 a. Accounts receivable at the beginning of the year are $335. The company has a 45- day collection period. Calculate cash collections in each of the four quarters by completing the following (A negative answer should be indicated by a minus sign. Do not round Intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.): Q1 Beginning receivables Sales Cash collections Ending receivables 750.00 Q2 810.00 Q3 890.00 Q4 980.00 b. Recalculate the cash collections with a collection period of 60 days. (A negative answer should be Indicated by a minus sign. Do not round Intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Q1 Beginning receivables Sales Cash collections Ending receivables 750.00 Q2 810.00 Q3 890.00 Q4 980.00 c. Recalculate the cash collections with a period of 30 days. (A negative answer should be Indicated by a minus sign. Do not round Intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Beginning receivables Sales Cash collections Ending receivables Q1 750.00 Q2 810.00 Q3 890.00 Q4 980.00 The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year: Q1 Q2 Q3 Q4 Sales $750 $810 $ 890 $980 a. Accounts receivable at the beginning of the year are $335. The company has a 45- day collection period. Calculate cash collections in each of the four quarters by completing the following (A negative answer should be indicated by a minus sign. Do not round Intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.): Q1 Beginning receivables Sales Cash collections Ending receivables 750.00 Q2 810.00 Q3 890.00 Q4 980.00 b. Recalculate the cash collections with a collection period of 60 days. (A negative answer should be Indicated by a minus sign. Do not round Intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Q1 Beginning receivables Sales Cash collections Ending receivables 750.00 Q2 810.00 Q3 890.00 Q4 980.00 c. Recalculate the cash collections with a period of 30 days. (A negative answer should be Indicated by a minus sign. Do not round Intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Beginning receivables Sales Cash collections Ending receivables Q1 750.00 Q2 810.00 Q3 890.00 Q4 980.00