April	may	june	july
1200	1300	1700	1900

Wie Cast, Inc., has these projected sales estimates: April May June July Sales $1,200 $1,300 $1,700 $1,900 The company collects 15% of its sales in the month of sale, 70% in the following month, and another 12% in the second month following the month of sale. Wie Cast never collects 3% of its sales. What is the amount of the June collections? a. $1,423 b. $1,309 c. $1,406 d. $1,631 e. $1,447