Dominic's, Inc. had actual sales for January and February and forecasted sales for March, April, May, and June as follows:
Based on company experience, it is estimated that 35 percent of a month's sales are collected in the month of sale, 48 percent in the month following the sale, and 16 percent in the second month following the sale.Calculate the estimated cash collections for March, April, and May.

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The Answer of Dominic's, Inc. had actual sales for January and February and forecasted sales for March, April, May, and June as follows:
Based on company experience, it is estimated that 35 percent of a month's sales are collected in the month of sale, 48 percent in the month following the sale, and 16 percent in the second month following the sale.Calculate the estimated cash collections for March, April, and May.