Timpco, a retailer, makes both cash and credit sales (i.e., sales on open account). Information regarding budgeted sales for the last quarter of the year is as follows: \begin{tabular}{lcrr} & October & November & December \\ Cash sales & $\$ 95,000$ & $\$ 83,000$ & $\$ 89,000$ \\ Credit sales & 95,000 & 99,600 & 97,900 \\ \cline { 2 - 4 } Total & $\$ 190,000$ & $\$ 182,600$ & $\$ 186,900$ \\ & & & \\ \hline \end{tabular} Past experience shows that $5 \%$ of credit sales are uncollectible. Of the credit sales that are collectible, $60 \%$ are collected in the month of sale; the remaining $40 \%$ are collected in the month following the month of sale. Customers are granted a $1.5 \%$ discount for payment within 10 days of billing. Approximately $75 \%$ of collectible credit sales take advantage of the cash discount. Inventory purchases each month are $100 \%$ of the cost of the following month's projected sales. (The gross profit rate for Timpco is approximately 30\%.) All merchandise purchases are made on credit, with $20 \%$ paid in the month of purchase and the remainder paid in the following month. No cash discounts for early payment are in effect. Required: 1. Calculate the budgeted total cash receipts for November and December. (Round your intermediate calculations and final answers to the nearest whole dollar amount) \begin{tabular}{|l|l|l|} \hline & November & December \\ \hline Total cash receipts & & \\ \hline \end{tabular} 2. Calculate budgeted cash payments for November and December (budgeted total sales for January of the coming year $=\$ 181,000)$. (Do not round intermediate calculations. Round your final answers to nearest whole dollar amount.) \begin{tabular}{|l|l|l|} \hline & November & December \\ \hline Budgeted cash payments & & \\ \hline \end{tabular}