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  3. month sales $ month sales $ jan 13,952 july 10

Month Sales $ Month Sales $ Jan 13,952 July 10,744 ...

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Accounting

Month Sales $ Month Sales $
Jan 13,952 July 10,744
Feb 31,936 Aug 23,846
Mar 23,846 Sep 13,952
Apr 10,744 Oct 23,846
May 13,952 Nov 31,936
June 31,936 Dec 10,744

Sales are collected as follows:

In the month of Sales: 26% In the next month: 32% After 2 months: 13% After 3 months: remainder is collected

Calculate the cash collection for December.

Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

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