RAK Clothiers has forecast credit sales for the fourth quarter of the year as: September (actual)......... $40,000 Fourth Quarter October... $35,000 November........... 70,000 December... 32229 *** Experience has shown that 50 percent of sales are collected in the month of sale, 40 percent in the following month, and 10 percent are never collected. How much is cash collection in the month of December? [ANSWER FORMAT: 123456.50]