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The table contains the Sales estimates for the next year. Sales are collected as follows: In the month of Sales: 31% In the next month:

The table contains the Sales estimates for the next year. Sales are collected as follows: In the month of Sales: 31% In the next month: 34% After 2 months: 12% After 3 months: remainder is collected What is the cash collection for July?Jan-11,979 Feb-10,798 Mar- 44,102 Apr-83,738 May-11,979 Jun- 10,798 Jul- 83,738 Aug-44,102 Sep-11,979 Oct-44,102 Nov-10,798 Dec-83,738

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