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Information pertaining to Kettle Company s sales is presented in the following table. September October November December Cash sales $ 1 6 0 , 0

Information pertaining to Kettle Companys sales is presented in the following table.
September October November December
Cash sales $160,000 $150,000 $120,000 $130,000
Credit sales 300,000400,000280,000300,000
Total sales $460,000 $550,000 $400,000 $430,000
Credit collections are as follows:
Month of sale 0%
First month following sale 50%
Second month following sale 45%
Uncollectable 5%
a. Calculate Kettles budgeted total cash receipts for the month of December

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