13 A company has prepared the following budget. Using the following given information, what is the correct answer for the missing number noted with an A? the company plans to sell 5,000 units in June; 10,000 in July; 8,000 in August; 9,000 in September . the company expects 40% of sales to be cash and 60% to be credit . the company expects to collect 25% of its credit sales the same month as the sale and the other 75% in the month following the sale SALES BUDGET June July August September Quarter Unit Sales 5,000 10,000 9,000 27,000 Selling Price $ 13 $ 13 $ 13 $ Revenue $ 65,000 $ 130,000 $ 117,000 $ 351,000 Cash Sales $ 26,000 $ 52,000 $ 46,800 $ 140,400 Credit Sales $ 39,000 $ 78,000 $ 70,200 $ 210,600 Revenue $ 65,000 $ 130,000 $ 117,000 $ 351,000 Cash Collections from Cash $ 26,000 $ 52,000 $ 46,800 $ 140,400 Sales Cash Collections from June $ 9,750 $ 29,250 $ 29,250 Credit Sales Cash Collections from July $ 19,500 A $ $ 78,000 Credit Sales Cash Collections from $ 46,800 $ 62,400 AugustCredit Sales Cash Collections from $ 17,550 $ 17,550 September Credit Sales Total Cash Collections $ 35,750 $ 100,750 $ 111,150 $ 327,600 X X