Cash Collections for Polo Motors found that 18% of its sales were cash and the remaining 82% are credit sales.

Of the credit sales, the company collected 70% in the month of sale, 25% collected the month after the sale, and

5% collected the second month after the sale.

May Sales were $153,000, and June Sales were 164,000.

How much will be collected in the 3rd quarter, if July sales are $125,000, August sales are 186,000, and September sales are $313,000?

Required: Prepare a cash collection schedule for July, August, September and include a total for the Quarter.

(Round to the nearest whole dollar and plwase make it so that i can copy and paste into notes)