ABC Company has the following historical collection pattern for its credit sales:

65% collected in month of sale 20% collected in the first month after sale 8% collected in the second month after sale 5% collected in the third month after sale 2% uncollectible

Credit sales are for the last 6 months are as follows: July $35,000 August $40,000 September $45,000 October $50,000 November $55,000 December $43,000 Calcluate the estimated total cash collections during October