TB MC Qu. 13-101 (Algo) Budgeted sales in Washburn... Budgeted sales in Washburn Company over the next four months are given below. September Budgeted sales $160,000 October $220,000 November $240,000 December $180,000 Twenty-five percent of the company's sales are for cash and 75% are on account. Collections for sales on account follow a stable pattern as follows: 50% of a month's credit sales are collected in the month of sale, 30% are collected in the month following sale, and 15% are collected in the second month following sale. The remainder is uncollectible. Given these data, cash collections for December should be: Multiple Choice O $222,000. O $191,250. O $172,000. $148,300