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The Gruber Company has projected the following quarterly sales amounts for the coming year:   Q1   Q2...

The Gruber Company has projected the following quarterly sales amounts for the coming year:
  Q1   Q2   Q3   Q4
  Sales $ 770 $ 800 $ 880 $ 960
a.

Accounts receivable at the beginning of the year are $360. The company has a 45-day collection period. Calculate cash collections in each of the four quarters by completing the following: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. A negative answer should be indicated by a minus sign.)

     

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