t is November 1 of Year 1. Sales for Cadallia Company are as follows: September: $100,000 October: $150,000 November (forecasted): $400,000 December (forecasted): $600,000 January (forecasted): $200,000 Amount of credit sales: 100% Credit sales collected during month of sale: 5% Credit sales collected one month after sale: 25% Credit sales collected two months after sale: 65% Credit sales never collected: 5% Based on this information, what is Cadallia Company's forecasted amount of total cash collections in January