Aztec Company sells its product for $190 per unit. Its actual and projected sales follow.

Units Dollars April (actual) 4,500 $855,000 May (actual) 3,600 684,000 June (budgeted) 8,000 1,520,000 July (budgeted) 7,000 1,330,000 August (budgeted) 4,400 836,000

All sales are on credit. Recent experience shows that 22% of credit sales is collected in the month of the sale, 48% in the month after the sale, 26% in the second month after the sale, and 4% proves to be uncollectible. The products purchase price is $110 per unit. All purchases are payable within 13 days. Thus, 60% of purchases made in a month is paid in that month and the other 40% is paid in the next month. The company has a policy to maintain an ending monthly inventory of 21% of the next months unit sales plus a safety stock of 170 units. The April 30 and May 31 actual inventory levels are consistent with this policy. Selling and administrative expenses for the year are $1,560,000 and are paid evenly throughout the year in cash. The companys minimum cash balance at month-end is $150,000. This minimum is maintained, if necessary, by borrowing cash from the bank. If the balance exceeds $150,000, the company repays as much of the loan as it can without going below the minimum. This type of loan carries an annual 11% interest rate. On May 31, the loan balance is $32,000, and the companys cash balance is $150,000. (Round final answers to the nearest whole dollar.)

Prepare a table that shows the computation of cash collections of its credit sales (accounts receivable) in each of the months of June and July.