In 2021, Chatsworth Company expects sales of $40,000 in July, $50,000 in August, and $30,000 in September. Chatsworth's experience is that 40% of sales are cash, and the remainder is on account. Accounts receivable are paid: 70% in the month of sale, and 25% in the following month. How much of July sales are deemed to be uncollectible?

Group of answer choices

1,000

1,200

2,500

1,800

3,000