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Finn Company has the following sales budget budget for the last six months of 2015:...

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Accounting

Finn Company has the following sales budget budget for the last six months of 2015:

July $200,000 October $180,000

August 160,000 November 200,000

September 200,000 December 180,000

Sales are immediately due, however the cash collection of sales, historically, has been as follows:

65% of sales are collected in the month of sales

25% of sales are collected in the month following the sale

8% of sales are collected in the second month following the sale

2% are uncollectible

Cash collection for September are ___________.

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