Duluth Company is preparing its cash budget for December. The following information is available concerning its accounts receivable:

Required What is the estimated amount of cash receipts from accounts receivable collections in December?

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Estimated credit sales for December Actual credit sales for November Estimated collections in December for credit sales in December Estimated collections in December for credit sales in November Estimated collections in December for credit sales prior to November Estimated write-offs in December for uncollectible credit sales Estimated provision for bad debts in December for credit sales in December $100,000 75.000 25% 70% $ 8,000 $ 4,000 $ 3,500