Armin Company budgeted the following credited sales during the current year. September $76,000. October $105,000. November$ 90,000. December$ 94,000....

Armin Company budgeted the following credited sales during the current year. September $76,000.00.

October $105,000.00 . November$ 90,000.00. December$ 94,000.00.

Experience has shown that cash from credit sales is received as follows: 10% in the month of sale.

50% in the first month after sale.

35% in the second month after sale.

5% is uncollectible.

All collections in the month of sale are subject to 2 % cash discount.

Required:

How much total cash can Armin Company expect to collect in December?