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Budgeted sales $230,000 March $260,000 April $300,000 May $500,000 June $200,000 The company has learned that 20% of a month's sales are collected in the

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Budgeted sales $230,000 March $260,000 April $300,000 May $500,000 June $200,000 The company has learned that 20% of a month's sales are collected in the month of sale, another 70% are collected in the more remaining 10% are collected in the second month following sale. What are the budgeted total cash receipts from sales for the month of April

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