Budgeting Cash Judson, Inc., sells on terms of 5% discount for "cash and carry" or 2/10, n/30 and estimates its total sales for the second calendar quarter of next year as follows: July, $450,000 August, $300,000 and September, $360,000. An analysis of operations indicates the following customer collection patterns: Portion of Total Sales In month of sale: Cash at time of sale 30% On account, during discount period 20% On account, after discount period 10% In month following sale: On account, during discount period 20% On account, after discount period 10% In second month following sale: On account, after discount period 7% 39% Average portion uncollectible 100% Prepare an estimate of the cash to be collected from customers during September Estimated collections from Customers in September July Sales On account, no discount August Sales On account, no discount On account, with discount