Here is a forecast of sales by National Bromide for the first 4 months of 2015 (figures in thousands of dollars):
Month 1 2 3 4
Cash sales 24 33 27 23
Credit sales 145 165 135 115
On average 60% 0f credit sales are paid for in the current month. 20% in the next month, and the remainder in the month after that. What are the expected cash collections in months 3 and 4? ( Enter your answers in whole dollars.)
Expected Cash Collections
Month 3 $____________
Month 4 $____________