Coyote Loco, Inc, a distributor of salsa, has the following historical collecion pattern for its ciedit sales. 80 percent collected in the month of sale. 10 percent colleded in the first month after sale. 5 percent collecied in the second month after sale. 4 percent collected in the third month after sale. 1 percent uncollecilble. The sales on account have been budgeted for the last seven months as follows: Required: 1. Compute the estimated total cash collections during Odober from credt sales. 2. Compute the estimated total cash collections during the fourth quarter from sales made on account during the fourth quarter