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: Sales Budget Cash Sales Sales on Account April May June 95,000 69,000 120,000 435,000 484,800 470,000 530,000 553,000 590,000 Bright Minds expects to collect 70% of the sales on account in the month of sale, 20% in the month following the sale, and the remainder In the second month following the sale. What is the amount of sales revenue that the company will report on the second quarter pro forma income statement? Multiple Choice 51.415.000