8. Sales Budget Month October November December January Credit Sales $40,000 $50,000 $60,000 $35,000 Expected cash collection pattern is 50% in the month of sale, 30% in the following month, and 15% in the second following month. Five percent of the credit sales are uncollectible. November collections were $46,000. September sales were: a. $45,000 $60,000 $50,000 $55,000