Help Save Required information The following information applies to the questions displayed below) On October 1 of the current year, Malone Corporation prepared a cash budget for October, November, and December. All of Malone's sales are made on account. The following information was used in preparing estimated cash collections August sales (actual) 5 36,00 September sales (actual) $ 46,00 October sales (estimated) $ 23,00 November sales (estimated) $ 66,000 December sales (estimated) $ 56,000 Approximately 70% of all sales are collected in the month of the sale, 25% is collected in the following month, and 5% collected in the month thereafter Budgeted collections from customers in October total 5 Budgeted collections from customers in October total: Multiple Choice $36,300 $29,400 $105,000 $27,600