1. ALTM Company expects the following sales amounts for months in the upcoming year: April May June July August September October 100,000 $ 80.000 S 120.000 $ 140,000 $ 154,000 $ 130,000 5 143.000 ALTM past collection pattern is: 15% in month of sale, 75% in month following sale, 8% in 2nd month following sale, and 2% uncollectible Prepare the expected cash collected for the third quarter (July, August, September and total for the quarter). (10 pts) What is the accounts receivable balance at the end of September? (3 pts)