#3

Feeney Furniture prepared the following sales budget:

Month	Cash Sales	Credit Sales
March	$ $21,000	$ $14,000
April	$0$33,000	$ $10,000
May	$ $40,000	$ $44,000
June	$ $53,000	$ $47,000

Credit collections are

10%

two months following the sale,

40%

in the month following the sale, and

40%

in the month of sale. The remaining

10%

is expected to be uncollectible.

What are the total cash collections in June at Feeney Furniture?