The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming year:
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:
Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.
\begin{tabular}{|l|r|r|r|r|}
\hline & Q1 & Q2 & Q3 & Q4 \\
\hline Beginning receivables & & & & \\
\hline Sales & & & & \\
\hline Cash collections & 330 & 390 & 450 & Co0 \\
\hline Ending receivables & & & & \\
\hline
\end{tabular}
b. Accounts receivable at the beginning of the year are $\$ 360$. The company has a 60 -day collection period. Calculate cash collections in each of the four quarters by completing the following:
Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.
\begin{tabular}{|l|r|r|r|r|}
\hline & Q1 & Q2 & Q3 & Q4 \\
\hline Beginning receivables & & & & \\
\hline Sales & 330 & 390 & 450 & 600 \\
\hline Cash collections & & & & \\
\hline Ending receivables & & & & \\
\hline
\end{tabular}