Chewbacca Co. creates bowcasters for sale and expects to collect 10% of sales in the month the sale occurred in. They expect to collect 75% in the following month, and 5% each month after that. What are the expected total cash collections for the month of December given the following data: Month Credit Sales August $28,000 September $27,000 October $25,000 November $32,000 December $40,000 $24,500 $32,500 $32,000 $25,600