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Fresplanade Co. had the following historical collection pattern for its credit sales: 75% collected in the month of sale 12% collected in the first month

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Fresplanade Co. had the following historical collection pattern for its credit sales: 75% collected in the month of sale 12% collected in the first month after month of sale 8% collected in the second month after month of sale 3% collected in the third month after month of sale 2% uncollectible The sales on open account (credit sales) have been budgeted for the last six months of the year as shown below: July August September October November December $ 75,000 $ 87,000 $ 99,000 $ 111,000 $ 123,000 $ 105,000 The estimated total cash collections by Fresplanade Co. during November from collection of accounts receivable is

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