You have been asked to prepare a December cash budget for Ashton Company, a distributor of exercise equipment. The following information is available about the company's operations:

a$.$ The cash balance on December $1$ is $$53,400.$

b$.$ Actual sales for October and November and expected sales for December are shown below. Sales on account are collected over a three$-$month period as follows: $20\%$ collected in the month of sale, $60\%$ collected in the month following sale, and $18\%$ collected in the second month following sale. The remaining $2\%$ is uncollectible.

$\backslash$table$[[$Cash sales,October,November,December$],[$Sales on account,$$77,000,$$$81,200,$$$87,800$