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Dayton has forecast sales to be $209,000 in February. $276,000 in March, $293.000 in April, and $313.000 in May. The average cost of goods sold

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Dayton has forecast sales to be $209,000 in February. $276,000 in March, $293.000 in April, and $313.000 in May. The average cost of goods sold 70% of sales All sales are made on credit and sales are collected 50% in the month of sale, 40% the month following and the remainder two months after the sale. What are budgeted cash receipts in May Multiple Choice O $72.050 5252.300 O $184.800 $300300

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