Trapp Co.was organized on August 1 of the current year. Projectedsales for the next three months are as follows:

August	$100,000
September	185,000
October	225,000

The company expects to sell 40% of its merchandise forcash. Of the sales on account, one third are expected tobe collected in the month of the sale and the remainder in thefollowing month. Prepare a schedule indicating cash collections of accountsreceivable for August, September, and October.