Cautious Company has the following sales projection (in units) for the next six months: Feb: 1600 Mar: 1800 Apr: 1400 May: 2100 Jun: 1700 Jul: 1200 Each unit sells for $39 through April and $42 starting in May. Cautious has prepared the following sales budget for the quarter of April, May and June:

Sales Budget
	April	May	June	Total
Sales in units	1400	2100	1700	5200
Selling price per unit	x $39	x $42	x $42
Sales revenue	$54600	$88200	$71400	$214200

All of the sales are on credit. Cautious collects from customers as follows: 50% of sales in the month of sale 30% in the month following the sale, and 20% in the second month following the sale Prepare a cash receipts budget on paper or in Excel for the quarter of April, May and June. What is budgeted cash receipts in June? Example: Budgeted cash receipts for April would be 50% of April sales + 30% of March sales + 20% of February sales.