Peak sales for J & J Products, a wholesale distributor of leaf rakes, occur in August. Sales the companys planning budget for the third quarter are shown below:

July August September

Budgeted Sales on account 8.8 3.5 1.5

From past experience, the company has learned that 9 in cash for each months of sales and collected 4.2 in after one month of sale, and 7 collected after two month following sale. Bad debts are negligible and can be ignored.

Prepare a schedule of expected cash collections from sales, for September.