Linda Manufacturing has the following sales budgets for the fourth quarter. Cash sales October November December $581600 626000 806700 Credit sales $232700 345100 398500 The accounting manager has analyzed cash collections and determined that credit sales are collected 70% in the month of sale, 20% in the month following the sale, and 10% in the 2nd month following sale. How much cash will Linda collect in December? $898990 $1154670 $1177940 $1205200