The table contains the Sales estimates for the next year. Month Sales $ Month Sales$ Sales are collected as follows: July 55,230 Jan 75,663 In the month of Sales: 21% In the next month: 25% Feb Aug 82,867 80,209 After 2 months: 11% After 3 months: remainder is collected Mar Sep 80,209 55,230 What is the cash collection for August? Apr Oct 75,663 Enter your answer rounded off to two decimal points. Do not enter $ or comma in 80,209 the answer box. May Nov 55,230 82,867 June Dec 82,867 75,663