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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 August $ 97,600

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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 August $ 97,600 105,100 Forecast: September October November December 114,900 93,000 122,900 106,500 Based on past experience, it is estimated that 29% of a month's sales are collected in the month of sale, 55% are collected in the month following the sale, and 10% 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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