On October 1 of the current year, Molloy Corporation prepared a cash budget for October, November, and December. All of Molloy's sales are made on account. The following information was used in preparing estimated cash collections: August sales (actual) September sales (actual) October sales (estimated) November sales (estimated) December sales (estimated) $ 33,000 $ 43,000 $ 26,000 $ 63,000 $ 53,000 Approximately 70% of all sales are collected in the month of the sale, 25% is collected in the following month, and 5% is collected in the month thereafter. Budgeted collections from customers in December total:

On October 1 of the current year, Molloy Corporation prepared a cash budget for October, Novembet, and December. All of Molloy's sales are made on account The following information was used in preparing estimated cash collections Approximately 70% of all sales are collected in the month of the sale, 25% is collected in the following month, and 5% is collected in the month thereafter: Budgeted collections from customers in December totat