Disk Productions needs to know your anticipated cash receipts for the next quarter by month. Cash sales represent 10 percent of total sales each month. Historically, sales per account have been collected as follows: 60 percent in the month of sale, 30 percent in the month after the sale, and the remaining 10 percent two months after the sale. Sales for the quarter are projected as follows: April, $120,000; May, $100,000; And June, $80,000. Accounts receivable as of March 31 was $60,000. Disk Productions expected cash collections for June are (Be sure to show all work)