1a)

The WRT Corporation makes collections on sales according to the following schedule: 35% in month of sale

55% in month following sale

5% in second month following sale

5% uncollectible

The following sales have been budgeted:

	Sales
April	$	131,000
May	$	168,000
June	$	179,000

Budgeted cash collections in June would be:

$62,650

$161,600

$98,950

$178,600