Question: For Dubinsky Company, experience has shown that payment for the credit sales is received as follows: 10% in the month of sale, 65% in the

For Dubinsky Company, experience has shown that payment for the credit sales is received as follows: 10% in the month of sale, 65% in the first month after sale, 20% in the second month after sale, and 5% uncollectible. Dubinsky Company has budgeted the following credit sales during the last four months of the year: September, $20,000; October, $24,000; November $22,000; December, $28,000. How much cash can Dubinsky Company expect to collect in November as a result of credit sales?

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