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, $787,500 August, $525,000 and September, $630,000. 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%
Average portion uncollectible				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
On account, no discount
On account, with discount
Septembersales
On account, no discount
On account, with discount
Cash
Total estimatedSeptember collections