3. Farris Co.'s projected sales are as follows: August $240,000 September $270,000 October $330,000 Farris estimates that it will collect 30% in the month of sale, 50% in the month after the sale, a 18% in the second month following the sale. Two percent of all sales are estimated to be b debts (i.e. won't be collected). Instructions How much are Farris Co.'s budgeted cash receipts for October? (7 pts.)