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, $225,000; August, $150,000; and September, $180,000. An analysis of operations indicates the following customer collection patterns: In month of sale: Cash at time of sale On account, during discount period Portion of Total Sales 30% 20% 5% On account, after discount period In month following sale: On account, during discount period 20% On account, after discount period 15% In second month following sale: On account, after discount period Average portion uncollectible 7% 3% 100% Prepare an estimate of the cash to be collected from customers during September. Estimated Collections from Customers in September JulySales On account, no discount August Sales $ 15,750 On account, no discount 22,500 On account, with discount 29,400 Septembersales On account, no discount 2,700 x On account, with discount 35,280 Cash 51,300 Total estimatedSeptember collections $ 164,730 x