Cloudy Company had the following historical collection pattern for Its credit sales: 75% collected in the month of sale 10% collected In the first month after month of sale 8% collected in the second month after month of sale 5% collected In the third month after month of sale 2% uncollectible The sales on open account (credit sales) have been budgeted for the last six months of the year as shown below: July $ 79,000 August $ 91,600 September 183,008 October $ 115,008 Hovember 127,008 December $ 109,008 The estimated cash collection by Cloudy Company during August from July and August credit sales Is