cash receipts a firm reported actual sales of 65000 in the month of June and

P4-7 Cash receipts A firm reported actual sales of $65,000 in the month of June and $70,000 in July. The sales forecasts indicate that sales are expected to be $85,000, $92,000, and $95,750 for the months of August, September, and October, respec- tively. Sales are 60% cash and 40% credit, and credit sales are collected evenly over the following 2 months. No other cash receipts were received. What are the firm's expected cash receipts for the months of August, September, and October