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02 RAK Clothiers has forecast credit sales for the fourth quarter of the year as: September (actual).............. $64129 Fourth Quarter October......... $40,000 35,000 *** November...........

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02 RAK Clothiers has forecast credit sales for the fourth quarter of the year as: September (actual).............. $64129 Fourth Quarter October......... $40,000 35,000 *** November........... December............. 70,000 *** Experience has shown that 40 percent of sales are collected in the month of sale, 50 percent in the following month, and 10 percent are never collected. How much is cash collection in the month of September

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