Cash collections The treasurer of Homeyra Corp. needs to estimate cash collections from accounts receivable for September, October, and November. Forty percent of the companys customers pay in cash and the rest are credit customers. The collection pattern for the credit customers is 20 percent in the month of sale and 80 percent in the following month. Because of Homeyras established client base, the company experiences almost zero uncollectible accounts. Estimated total sales for August, September, October, and November follow.

Month	Sales
August	$78,000
September	80,000
October	95,000
November	91,000

Determine Homeyra Corp.s cash collections for September, October, and November.

Cash Collections:
September	Answer
October	Answer
November	Answer