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FINANCIAL MANAGEMENT 2019 Sales receipts, California Cement Company anticipates the following fourth-quarter sales for 2009: 31,800,000 (October), $1,600,000 (November), and $2.100.000 (December). It posted the

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FINANCIAL MANAGEMENT 2019 Sales receipts, California Cement Company anticipates the following fourth-quarter sales for 2009: 31,800,000 (October), $1,600,000 (November), and $2.100.000 (December). It posted the following sales figures for the third quarter of 2009: $1.900.000 (July), $2,050,000 (August), and $2,200,000 (September). CCC sells 90% of its products on credit: 10% are cash sales. The credit sales are collected as follows: 60% in the following month, 20% two months later. 19% three months later, and 1% defaults. What are the anticipated cash inflows for the last quarter of 2009

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