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E8-11 (Algo) Calculating Cash Receipts [LO 8-4) Shadee Corp. expects to sell 560 sun visors in May and 440 in June. Each visor sells for

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E8-11 (Algo) Calculating Cash Receipts [LO 8-4) Shadee Corp. expects to sell 560 sun visors in May and 440 in June. Each visor sells for $11. Shadee's beginning and ending finished goods inventories for May are 75 and 50 units, respectively. Ending finished goods inventory for June will be 70 units It expects the following unit sales for the third quarter July August September 560 480 Sixty percent of Shadee's sales are cash Of the credit sales, 52 percent is collected in the month of the sale, 38 percent is collected during the following month, and 10 percent is never collected Required: Calculate Shadee's total cash receipts for August and September. (Do not round your intermediate calculations. Round your answers to the nearest whole dollar.) August September Total Cash Receipts

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