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Wilco, Inc. budgets sales on account for the last six months of the year as: Wilco has also established the following collection pattern: 50% collected

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Wilco, Inc. budgets sales on account for the last six months of the year as: Wilco has also established the following collection pattern: 50% collected in the month of sale, 30% collected in the first month following sale, and 20% collected in the second month following sale. What amount will Wilco's budget for September cash collections? $140,000 $121,000 Some other answer $60,000 $118.000

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