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The management of Ocean Industries estimates that credit sales for August, September, October, and November will be $540,000, $750,00 shown that collections are made as follows: 25% In month of sale In first month after sale In second month after sale 60% 10% Determine the collections from customers in October and November. (Do not leave any field blank. Enter O for the amounts.) Current Attempt in Progress The management of Ocean Industries estimates that credit sales for August, September, October, and November will be $540,000, $750,000, $840,000, and $480,000, respectively. Experience has shown that collections are made as follows: In month of sale In first month after sale In second month after sale 25% 60% 10% Determine the collections from customers in October and November. (Do not leave any field blank. Enter for the amounts.) Collections from Customers October November August Sales $ 54000 $ September Sales 450000 75000 October Sales 210000 504000 November Sales Total collections $ 714000 $ 699000 e Textbook and Media Save for Later Attempts: 0 of 1 used Submit