Coyote Loco, Inc., a distributor of salsa, has the following historical collection pattern for its credit sales.

80 percent collected in the month of sale.

10 percent collected in the first month after sale.

5 percent collected in the second month after sale.

4 percent collected in the third month after sale.

1 percent uncollectible.

The sales on account have been budgeted for the last seven months as follows:

June $ 128,000

July 155,500

August 180,500

September 211,000

October 236,000

November 261,000

December 223,500

Required:

1. Compute the estimated total cash collections during October from credit sales.

2. Compute the estimated total cash collections during the fourth quarter from sales made on account during the fourth quarter.