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What is the cash collection for October? Sales are: In the month of sales: 25% In...

What is the cash collection for October?

Sales are:

In the month of sales: 25%

In the next month: 22%

After 2 months: 7%

After 3 months: remainder is collected

Month Sales $ Month Sales $
Jan         34,599 July     20,706
Feb         33,253 Aug     67,777
Mar       67,777 Sep     34,599
Apr     20,706 Oct     67,777
May         34,599 Nov         33,253
June     33,253 Dec     20,706
business   finance   
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