Tiara Company Has the Following Historical Collection Pattern for Its

Tiara Company has the following historical collection pattern for its credit sales:
70% collected in month of sale
15% collected in the first month after sale
10% collected in the second month after sale
4% collected in the third month after sale
1% uncollectible
Budgeted credit sales for the last six months of the year follow. $$\begin{array} { l r } \text { July } & \$ 30,000 \\\text { August } & 35,000 \\\text { September } & 40,000 \\\text { October } & 45,000 \\\text { November } & 50,000 \\\text { December } & 42,500\end{array}$$
Required:
A. Calculate the estimated total cash collections during October.
B. Calculate the estimated total cash collections during the year's fourth quarter.