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Gold Corporation has the following sales budget for the last six months of 2 0 1 9 : July $ 2 0 0 , 0

Gold Corporation has the following sales budget for the last six months of 2019:
July
$200,000
October
$180,000
August
160,000
November
200,000
September
220,000
December
188,000
Historically, the cash collection of sales has been as follows:
60 percent of sales collected in month of sale,
30 percent of sales collected in month following sale,
8 percent of sales collected in second month following sale, and
2 percent of sales is uncollectable.
Cash Collections for Septer are:
Question 5 options:
$202,000
$196,000
$199,000
$161,400

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