Bright Minds Toy Company prepared the following wes budget for the second quarter Projected sales for each of the test three months of operations are as follow sales budget April Cash Sales 90.000 67,000 115,000 430,000 480,000 465.000 520,000 547,000 580,000 Sales on Account In addition to cash sales collected each month, 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 budgeted cash collections for June? Multiple Choice $580,000 5510100 $32.900 $579,500