29. The WRT Corporation makes collections on sales according to the following schedule: 25% in month of sale 65% in month following sale 5% in second month following sale 5% uncollectible The following sales have been budgeted: Sales April $ 120,000 May $ 100,000 Iune $ 1 10,000 Budgeted cash collections in June would be a. $27,500 b. $98,500 c. $71,000 d. $ 1 15,500