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: July $ 80,800 August $ 92,000 September % 104,000 October % 116,000 November % 128,000 December % 119,000 The estimated total cash collections by Cloudy Company during November from collection of accounts receivable Is