Budgeted collections from customers in October total:

• $40,000.

• $137,000.

• $51,600.

• $35,100.

Budgeted collections from customers in November total:

• $68,000.

• $62,000.

• $167,000.

• $56,100.

Budgeted collections from customers in December total:

• $58,000.

• $177,000.

• $68,000.

• $65,100.

On October 1 of the current year, Molloy Corporation prepared a cash budget for October, November, and December. All of Molloy's sales are made on account. The following information was used in preparing estimated cash collections: August sales (actual) September sales (actual) October sales (estimated) November sales (estimated) December sales (estimated) $ 49,000 $ 59,000 $ 29,000 $ 79,000 $ 69,000 Approximately 60% of all sales are collected in the month of the sale, 30% is collected in the following month, and 10% is collected in the month thereafter