Budgeting Cash Collections Spencer Consulting, which invoices its clients on terms 2/10, n/30, had credit sales for May and June of $150,000 and $170,000, respectively. Analysis of Spencers operations indicates that the pattern of customers payments on account is as follows (percentages are of total monthly credit sales):

					Receiving Discount	Beyond Discount Period	Totals
In month of sale								50%	25%	75%
In month of following sale								10%	10%	20%
Uncollectible accounts, returns, and allowances							5%
							100%

Determine the estimated cash collected on customers accounts in June.