Company A is a merchandising firm. Its budgeted sales (in dollars) for the next four months follows: Total Budgeted Sales March $50,000 April $70,000 May $90,000 June $60,000 Assume each month, 40% of Sales are Cash and 60% of Sales are Credit Sales. From experience, the company has learned that Credit Sales are collected according to the following pattern: 70% in the month of sale and 30% in first month following the month of sale. What are the budgeted Cash Collections for June