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4 points 4. Sombo Company is preparing cash budget for the month of June. Projected sales for the months follow: Save An Sales on Account

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4 points 4. Sombo Company is preparing cash budget for the month of June. Projected sales for the months follow: Save An Sales on Account May 8,000 June 5,000 July 10,000 The company collects payment on 50 percent of sales on account in the month of sale, 45 percent in the month following the sale, and 5 percent of sales are uncollectible. What is the expected cash collection for the month of June? O A $4,750 OBS6,500 Oc. $2,500 OD S6,100

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