Fiscal Company has the following sales budget for the third quarter of the current year:

July $110,000

August 90,000

September 120,000

The cash collections of sales has been as follows:

65% of sales collected in month of sale,

25 % of sales collected in month following sale,

8% of sales collected in second month following sale, and

2% of sales uncollectible

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a. Compute the budgeted cash collections for September.