Assume a merchandising company provides the following information from its master budget for the month of May: $ 120,000 $ 85,000 $ 19,000 $ 17,000 $ 27,500 Sales Cost of goods sold Selling and administrative expenses Accounts receivable, May 1st Accounts receivable, May 31st If all of the company's sales are on account, what is the amount of cash collections from customers included in the cash budget for May?

Assume a merchandising company provides the following information from its master budget for the month of May: If all of the company's sales are on account, what is the amount of cash collections from customers included in the cash budget for May