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	$72,000
August	$84,000
September	$96,000
October	$108,000
November	$120,000
December	$102,000

The estimated cash collection by Fresplanade Co. during August from July and August credit sales is:

A.

$83,160.

B.

$79,380.

C.

$87,840.

D.

$54,000.

E.

$71,640.