would this be correct?

Homework: 8-4 Problem Set: MyAccountingLab E7-29 (similar to) 1 of 6 complete 2 3 4 5 Exercise Score: 4.74 of 8 pts Assignment Score: 9.48% (4.74 of 50 pts) All sales of Tabitha's Jeans and Uniforms (TJU) are made on credit. Sales are billed twice monthly, on the fifth of the month for the last half of the prior month's sales and on the twentieth of the month for the first half of the current month's sales. For accounts paid within the first 10 days after the billing date. TJU gives customers a 1% discount; otherwise the full amount is due within 30 days of the billing date, and customers that do not pay within the 10-day discount period generally wait the full 30 days before making payment. Based on past experience, the collection experience of accounts receivable is: ) (Click the icon to view the collection experience.) ) (Click the icon to view the sales budget.) TJU's average markup on its products is 40% of the sales price. TJU purchases merchandise for resale to meet the current month's sales demand and to maintain a desired monthly ending inventory of 20% of the next month's cost of goods sold. All purchases are on credit. TJU pays for one-half of a month's purchases in the month of purchase and the other half in the month following the purchase. All sales and purchases occur uniformly throughout the month. Read the requirements. Requirement 1. How much cash can TJU plan to collect from accounts receivable collections during July 20X8? July collections May sales billed June 5 June sales billed June 20 JUne sales billed July 5 July sales billed July 20 115,500 132,00 257,40 328,18 Total July collections 833,085 Choose from any list or enter any number in the input fields, then click Check