5. (20 pts.) Diamond Company has the following sales budget for the last six months of July August September October November $100,000 80,000 110,000 90,000 100,000 94,000 December Historically, the cash collection of sales has been as follows: 65% of sales collected in month of sale 25% ofsales collected in month following sale 8% of sales collected in second month following sale 2% of sales uncollectible What is the expected cash collection from sales in October