ACME Incorporated makes computers. Based on experience the company collects 75% of sales in the month of sale and the remaining amount in the following month. At the end of March, the accounts receivable balance was $56,000, which is expected to be collected in April. Budgeted sales are as follows:

	April	May	June	Quarter Total
Units	6,300	7,500	6,800	20,600
Selling Price	$45	$45	$45	$45
Budgeted Sales	$283,500	$337,500	$306,000	$927,000

Required:

Calculate the expected cash collections from sales by month and in total for the quarter.

What are the budgeted accounts receivable at the end of June?