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Crane Company has the following sales data: August September October November December Cash Sales $4000 $5000 $6000 $7000 $16000 Sales on Account $50000 $58,427 $65000

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Crane Company has the following sales data: August September October November December Cash Sales $4000 $5000 $6000 $7000 $16000 Sales on Account $50000 $58,427 $65000 $72,865 $100000 Crane Company's credit customers have the following payment history: 36% in month of sale 58% in month following sale the rest are never collected What are budgeted cash receipts for September

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