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Maisel Corporation produces and sells one product. The budgeted selling price per unit is $84. Budgeted unit sales for September, October, November, and December are

Maisel Corporation produces and sells one product. The budgeted selling price per unit is $84. Budgeted unit sales for September, October, November, and December are 8,400, 12,000, 13,800, and 14,300 units, respectively. All sales are on credit with 40% collected in the month of the sale and 60% in the following month. The expected cash collections for October is closest to:

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