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Sharons Fabrics is anticipating sales of 2,900 yards of product M and 3,760 yards of product N at $9.50 and $24.50 per yard respectively for

Sharons Fabrics is anticipating sales of 2,900 yards of product M and 3,760 yards of product N at $9.50 and $24.50 per yard respectively for September. Terms of sales are 30% cash at the time of sale, 50% in 30 days, and 20% in 60 days. What are the estimated cash receipts for October? SHOW YOUR WORK.

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