Timpco, a retailer, makes both cash and credit sales $($i$.$e$.,$ sales on open account$).$ Information regarding budgeted sales for the last quarter of the year is as follows:

October November December

Cash sales $ $120,000$ $ $99,000$ $ $97,000$

Credit sales $120,000118,800106,700$

Total $ $240,000$ $ $217,800$ $ $203,700$