5. Rich Company's experience shows that 20% of its sales are for cash and 80% are on credit. An analysis of credit sales shows that 50% are collected in the month following the sale, 45% are collected in the second month, and 5% prove to be uncollectible. Calculate November AURust September October Sales $560,000 $535,000 $500,000 $525,000 November October (6) Receipts from cash sales.. Collections from August credit sales . (1) (1) (7) (2) (2) Collections from September credit (8) (3) (3) sales (9) (4) (4) Collections from October credit sales. (10) (5) Total cash collections during the month