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 total cash collections by Fresplanade Co. during November from collection of accounts receivable is:

$113,160.

$101,400.

$143,640.

$125,640.

$102,420.