de Chapter 21 ant X file:///C:/Users/Thamein%20Lambert/AppData/local/Packages/Microsoft MicrosoftEdge Swekybadebbwe/TempState/Downloads/Chapter%2021%20and%20Cha - + fit to page D Page view A Read aloud 7) 7) Memphis Company anticipates total sales for April, May, and June of $820,000, $920,000, and $970,000 respectively. Cash sales are normally 25% of total sales. Of the credit sales, 40% are collected in the same month as the sale, 55% are collected during the first month after the sale, and the remaining 5% are not collected Compute the amount of cash received from credit sales during the month of June. A) $583,500 B) $913,000 C) $670,500 D) $614,250 E) $844,250