Hollywood Tan, Incorporated, a distributor of suntan lotion, has the following historical collection pattern for its credit sales. 70 percent collected in the month of sale. 15 percent collected in the first month after sale. 10 percent collected in the second month after sale. 4 percent collected in the third month after sale. 1 percent uncollectible. The sales on account have been budgeted for the last seven months as follows: April $ 49,000 May 60,000 June 70,000 July 80,000 August 90,000 September 100,000 October 85,000 Required: Compute the estimated total cash collections during August from credit sales. Compute the estimated total cash collections during the August to October quarter from sales made on account during this quarter