A company makes 30% of its sales for cash and 70% on account. Go of the credit sales are collected in the month of 2 in the more and the second month foowing The remainder is uncollectible. The following information has been gathered for the current year Month Total sales 578,000 $80,000 4 S4R 600 56B.OOO Total cash receipts in Month 4 will be $50.600 $38,780. $68.000 $53,180