Chrome File Edit View History Bookmarks Profiles Tab Window Help 42% Q 8 * Thu Mar 30 6:36:14 PM ( Mod 05 - Ethernet Switched LA X Assignments: 202220_ACCT20 M Question 15 - Test 2 (Modules x Course Hero + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%2... 0*OJ Paused Update : Test 2 (Modules 4,5,6) i Saved Help Save & Exit Submit 15 transcript The LaPann Corporation has obtained the following sales forecast data: July August September October 3.2 points Cash sales $ 80, 000 $ 70, 000 $ 50, 000 $ 60, 000 Credit sales $ 240, 000 $ 220 , 000 $ 180 , 000 $ 200, 000 00:48:49 The regular pattern of collection of credit sales is 30% in the month of sale, 70% in the month following the month of sale. There are no bad debts. The total budgeted cash collections in August would be: Multiple Choice O $304,000 O $198,000 Mc Graw Hill MAR -3 T - 30 tv A