Top Printing Company has credit sales of $500,000 in June, $700,000 in July, $850,000 in August, and $500,000 in September. It collects 50% of its credit sales in the month following the sale and 25% in each of the months thereafter. What is Top Printing's cash collection in September? Select one: O $688,000 O $975,000 O $1,225,000 O $725,000

Top Printing Company has credit sales of $00,000 in June, $700,000 in July, $$0,000 in August, and $500,000 in September. It collects $0% of its credit sales in the month following the sale and 25% in each of the months thereafter. What is Top Printing's cash collection in September? 5888,000 5975,000 $1,225,000 $725,000