Budgeted sales in Acer Corporation over the next four months are given below:

Budgeted sales

September: $120,000

October: $140,000

November: $180,000

December: $160,000

Thirty percent of the company's sales are for cash and 70% are on account. Collections for sales on account follow a stable pattern as follows: 50% of a month's credit sales are collected in the month of sale, 30% are collected in the month following sale, and 20% are collected in the second month following sale. Given these data, cash collections for December should be: