3. (15 pts.) The following sales budget has been prepared by a company's accounting department: Month Cash Sales September $167,000 October 225,000 November 330,000 December 135,000 Credit Sales $123,000 180,000 210,000 190,000 Collections of credit sales are 50% in the month of sale, 40% in the month following sale, and 10% two months following sale. No uncollectible accounts are expected. What are the estimated cash collections in December?