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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 $57,319 $65000

Crane Company has the following sales data: August September October November December Cash Sales $4000 $5000 $6000 $7000 $16000 Sales on Account $50000 $57,319 $65000 $73,647 $100000 Crane Company's credit customers have the following payment history: 36% in month of sale 55% in month following sale the rest are never collected What are budgeted cash receipts for September?

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