QUESTION # $3[10$ marks$]$

ACME Corp Sales

Month

Oct

Nov

Dec

Jan

Feb

Mar

Apr

Sales

$40,000$

$46,000$

$50,000$

$50,000$

$55,000$

$62,500$

$65,000$

The ACME Corp has the sales projections as shown in the table above. The company collects $50\%$ of its sales $1$ month after the sale; $30\%$ in the $2$nd month after the sale; and $20\%$ in the $3$ months after the sale.

Required: Show the sales collections for January $$ April.