Wells Company reports the following budgeted sales: September, $57,000; October, $65,000; and November, $79,000. All sales are on credit, and 5% of those credit sales are budgeted as uncollectible. Collection of the remaining 95% of credit sales are budgeted a follows: 60% in the first month after sale and 35% in the second month after sale. Prepare a schedule of cash receipts from sales for November. Answer is not complete. WELLS COMPANY Schedule of Cash Receipts from Sales Sales: Cash receipts from: Cash sales November Collection of October sales Collection of September sales Total cash receipts 79,000 $ 0