12 LANDUM Con the wing budgeted sales for the last half of next year October Adve December Cash Sales $120,000 $372,000 $454,000 $376,000 $297000 $334,000 Credit Sales $150,000 $170,000 $130,000 $145,000 $200,000 $350,000 045940 The LANDA792 company is in the process of preparing a cash budget and must determine the expected cash collections by month To this end the following information has been assembled: Collections on credit sales 60% in month of sale 30% in month following sale 10% in second month following sale Baruch College Exam-No assistance allowed) The total cash receipts during November for LAHDUA792 would be: