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Halifax Shoes has 30% of its sales in cash and the remainder on credit. Of the credit sales, 65% is collected in the month of sale, 25% is collected the month after the sale, and 5% is collected the second month after the sale. How much cash will be collected in August if sales are estimated as $70,000 in June, $60,000 in July, and $87,000 in August? Cash collected $ Calculator Print Item Dream Big Pillow Co., pays 65% of its purchases in the month of purchase, 30% the month after the purchase, and 5% in the second month following the purchase. It made the following purchases at the end of 2017 and the beginning of 2018: Nov. 2017 Dec. 2017 Jan. 2018 Feb. 2018 Mar. 2018 $62,000 $51,000 $36,000 $39,000 $45,000 Given the above purchases, how much cash will be paid in quarter 2018? Cash paid $