11.

Honda Company's budgeted sales for the next five months are given below (assume all sales are made on account): Budgeted Sales January $155,000 February $272,000 March $??????? April $180,000 May $235,000 Honda Company's sales are collected in the pattern: 22% collected in the month of sale 35% collected in the month following sale 27% collected in the second month following sale 16% collected in the third month following sale Honda Company's budgeted accounts receivable at April 30 was $330,980. Calculate Judge Company's budgeted cash collections for May.

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