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Cash Collections for Belcher Motors found that 15% of its sales were cash and the remaining 85% are credit sales. Of the credit sales, the

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Cash Collections for Belcher Motors found that 15% of its sales were cash and the remaining 85% are credit sales. Of the credit sales, the company collected 65% in the month of sale, 30% collected the month after the sale, and 5% collected the second month after the sale. May Sales were $135,000, and June Sales were 146,000. How much will be collected in the 3rd quarter if July sales are $152,000, August sales are 168,000, and September sales are $133,000. Required: Show the total cash collections for July, August and September and a total for the Quarter. (Round to the nearest whole dollar)

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