Tetarto Limited is formulating its master budget for the December quarter and presents the following data: Monthly sales data: August $36,000 September $44,000 October $40,000 November $54,000 December $62,000 Based on previous experience, these sales are expected to be collected as follows:: 80% in the month of sale 15% in the month after sale 5% in the second month after sale Required Calculate, to the nearest dollar, the amount expected to be collected from customers in December