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TB MC Qu. 20-116 Ruiz Co.'s budget includes.... 2 Ruiz Co's budget includes the following credit sales for the current year: September, $145,000; October, $136,000,

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TB MC Qu. 20-116 Ruiz Co.'s budget includes.... 2 Ruiz Co's budget includes the following credit sales for the current year: September, $145,000; October, $136,000, November, $120,000, December, $157,000. Credit sales are collected as follows: 15% in the month of sale, 50% in the first month after sale, and 35% in the second month after sale. How much cash can the company expect to collect in December as a result of current and past credit sales

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