Arizona Co. had the following historical pattern for its credit sales: 30% collected in the month of sale 50% collected in the first month after sale 10% collected in the second month after sale 10% uncollectible after the second month after sale The sales on open account (credit sales} have been budgeted for the last four months of the year as shown below: June $12,000 May $14,000 April $13,000 March $15,000