Use the following information for questions 3-5 Finmin Company has the following sales budget for the last six months of 2015: July August September $200,000 160,000 200,000 October November December $180,000 200,000 180,000 The cash collection of sales, historically, has been as follows: 65% of sales collected in the month of sale, 25% of sales collected in the month following the sale, 8% of sales collected in the second month following the sale, and 2% of sales are uncollectible. 3. Cash collections for September are A) $143,000 B) $170,000 C) $186,000 D) $204,000 4. What is the ending balance of accounts receivable for the end of September, assuming uncollectible balances are written off at the end of the second month following the sale? A) $199,000 B) $97,000 C) $89,800 D) $86,000 5. Cash collections for October are A) $117,000 B) $179,800 C) $194,000 D) $176,400