The company sells a single product at a price of $51 per unit. The estimated sales volume for the next six months is as follows:

All sales are on account. The company's collection experience has been that 30% of a month's sales are collected in the month of sale, 68% are collected in the month following the sale, and 2% are uncollectible. It is expected that the net realizable value of accounts receivable (i.e., accounts receivable less allowance for uncollectible accounts) will be $405,756 on September 30, 2010.

Management's policy is to maintain ending finished goods inventory each month at a level equal to 30% of the next month's budgeted sales. The finished goods inventory on September 30, 2010, is expected to be 3,240 units.

To make one unit of finished product, 4 pounds of materials are required. Management's policy is to have enough materials on hand at the end of each month to equal 40% of the next month's estimated usage. The raw materials inventory is expected to be 18,144 pounds on September 30, 2010.

The cost per pound of raw material is $4, and 70% of all purchases are paid for in the month of purchase; the remainder is paid in the following month. The accounts payable for raw material purchases is expected to be $54,691 on September 30, 2010.

Prepare a sales budget in units and dollars, by month and in total, for the fourth quarter (October, November, and December) of 2010. (Omit the "$" sign in your response.)

Prepare a schedule of cash collections from sales, by month and in total, for the fourth quarter of 2010.(Omit the "$" sign in your response.)