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Scottsdale Co. has actual sales for July and August and forecast sales for September, October, November, and December as follows: Actual: July $ 97,300 August

Scottsdale Co. has actual sales for July and August and forecast sales for September, October, November, and December as follows:

Actual:
July $ 97,300
August 105,300
Forecast:
September 114,800
October 94,300
November 122,900
December 106,300

Based on past experience, it is estimated that 29% of a months sales are collected in the month of sale, 48% are collected in the month following the sale, and 9% are collected in the second month following the sale.

Required:

Calculate the estimated cash receipts for September, October, and November.

Cash collections
September
October
November

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