July August September October

cash sales $80,000 $70,000 $ 50,000 $60,000

credit sales $ 240,000 $220,000 $ 180,000 $ 200,000

the regular pattern of collection of credit sales is 20% in the month of the sale, 70% in the month following the month of sale, and the remainder in the second month following the month of sale. what would the budgeted cash receipts for October be?