Reference no: EM132563370

Here is a forecast of sales by National Bromide for the first 4 months of 2019 (figures in thousands of dollars):

Month                   1               2               3                  4

Cash Sales          19             28           22         18

Sales on Credit    120           140           110       90

Question 1: On average, 50% of credit sales are paid for in the current month, 30% 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 not in thousands of dollars.)