9) The Dalton Corporation makes collections on sales according to the following schedule:

30% in month of sale

60% in month following sale

10% in second month following sale

The following sales have been budgeted:

	Sales
April	$	140,000
May	$	130,000
June	$	150,000

Budgeted cash collections in June would be:

A) $137,000

B) $85,000

C) $45,000

D) $123,000

E) None of the above