15.

Fresplanade Co. had the following historical collection pattern for its credit sales: 75% collected in the month of sale 12% collected in the first month after month of sale 8% collected in the second month after month of sale 3% collected in the third month after month of sale 2% uncollectible The sales on open account (credit sales) have been budgeted for the last six months of the year as shown below:

July	$72,000
August	$84,000
September	$96,000
October	$108,000
November	$120,000
December	$102,000

The estimated total cash collections by Fresplanade Co. during October from accounts receivable is:

A.

$113,160.

B.

$101,400.

C.

$143,640.

D.

$125,640.

E.

$102,420.