Cloudy Company had the following historical collection pattern

for its credit sales:

$70\%$ collected in the month of sale

$15\%$ collected in the first month after month of sale

$9\%$ collected in the second month after month of sale

$5\%$ collected in the third month after month of sale

$1\%$ uncollectible

The sales on open account $($credit sales$)$ have been budgeted for the

last six months of the year as shown below:$$The estimated cash collection by Cloudy Company during August

from July and August credit sales is: