Enterprises reported the following cash collections in July and August from credit sales:

	July				August
From June receivables	$	39,000
From July sales		126,000			$	54,000
From August sales						168,000

The company sells a single product for $20, and all sales are collected over a two-month period.

Required:

1. Determine the number of units that were sold in July.
2. Determine the percent of credit sales collected in the month of sale and the percent of sales collected in the month following sale.
3. How many units were sold in August?
4. Determine the accounts receivable balance as of August 31.