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The table contains the Sales estimates for the next year. Sales are collected as follows: In the month of Sales: 28% In the next month:

The table contains the Sales estimates for the next year. Sales are collected as follows: In the month of Sales: 28% In the next month: 30% After 2 months: 14% After 3 months: remainder is collected What is the cash collection for October?

Month Sales $ Month Sales $
Jan 20,446 July 42,427
Feb 21,190 Aug 65,088
Mar 65,088 Sep 20,446
Apr 42,427 Oct 65,088
May 20,446 Nov 21,190
June 21,190 Dec 42,427

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