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Question 4 0.5 out of 0.5 points Etter, Inc management estimates that 67% of credit sales will be collected in the month of sale with

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Question 4 0.5 out of 0.5 points Etter, Inc management estimates that 67% of credit sales will be collected in the month of sale with a 3% prompt payment discount taken. The remainder of credit sales will be collected the following month. Last month Etter, Inc had $300,883 in cash sales and $541,592 in credit sales. This month, Etter Inc expects cash sales of $421,413 and credit sales of 550,587. What is the estimated total cash collections this month? Keep all decimal points until you round to the nearest $1 in your final

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