Graham Potato Company has projected sales of $$16,200$ in September, $$18,500$ in October, $$26,200$ in November, and $$22,200$ in December. Of the company's sales, $25$ percent are paid for by cash and $75$ percent are sold on credit. Experience shows that $40$ percent of accounts receivable are paid in the month after the sale, while the remaining $60$ percent are paid two months after. Determine collections for November and December.

Also assume Graham's cash payments for November and December are $$22,000$ and $$14,500,$ respectively. The beginning cash balance in November is $$5,000,$ which is the desired minimum balance.

a$.$ Prepare a cash receipts schedule for November and December.

$\backslash$table$[[$Graham Potato Company$],[$Cash Receipts Schedule$],[,$September,October,,nber,December$],[$Sales$,,,,,$$$,22,200],[$Credit sales,,,,$19,650,,16,650],[$Cash sales,,,$$,6,550,$$$,5,550],[$One month after sale$],[$Two months after sale$],[$Total cash receipts,,,$$,6,550,$$$,5,550]]$