Alexis Company A is a merchandising firm. Its budgeted sales (in dollars) for the next four months follows:

March

April

May

June

Total Budgeted Sales

$50,000

$70,000

$90,000

$60,000

Assume each month, 40% of Sales are Cash and 60% of Sales are Credit Sales.

From experience, the company has learned that Credit Sales are collected according to the following pattern:

70% in the month of sale and 30% in first month following the month of sale.

What are the budgeted Cash Collections for June?_____________