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Bright Minds Toy Company prepared the following sales budget for the second quarter Projected sales for each of the first three months of operations are

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Bright Minds Toy Company prepared the following sales budget for the second quarter Projected sales for each of the first three months of operations are as follows les Budget April May June Cash Balea 90,000 67,000 115,000 Bales on Account 430,000 480,000 465.000 520,000 547,000 580,000 In addition to coah sales collected each month, Bright Minds expects to collect 70% of the sales on account in the month of sale 20% ini the month following the sale, and the remainder in the second month following the sale What is the amount of budgeted cash collections for June Multi Choice 5580,000 S510.00 $532.900 1570.500

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