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Freemore Company has the following sales budget for the last six months of2020: July $ 206 000 October $ 188000 August 170 000 November 203

Freemore Company has the following sales budget for the last six months of2020:

July $ 206 000 October $ 188000

August 170 000 November 203 000

September 206 000. December 182 000

Sales are immediatelydue,however the cash collection ofsales,historically, has been asfollows:

65 % of sales collected in the month ofsale,

25 % of sales collected in the month following thesale,

8 % of sales collected in the second month following thesale,

2 % of sales are uncollectible.

Cash collections for October are________.

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