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Five Friends Relocation Company prepared the following sales budget: Cash Sales $18,000 $39,000 $40,000 $58,000 Month March April May June Credit collections are 10% in

Five Friends Relocation Company prepared the following sales budget: Cash Sales $18,000 $39,000 $40,000 $58,000 Month March April May June Credit collections are 10% in the month of sale, 65% in the month following the sale, and 20% two months following the sale. The remaining 5% is expected to be uncollectible. What are the total cash collections in June at Five Friends Relocation Company? OA. $110,000 OB. $35,700 O C. $16,300 O D. $93,700 Credit Sales $6,000 $16,000 $42,000 $52,000 4
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Five Friends Relocation Company prepared the following sales budget: Credit collections are \10 in the month of sale, \65 in the month following the sale, and \20 two months following the sale. The remaining \5 is expected to be uncollectible. What are the total cash collections in June at Five Friends Relocation Company? A. \\( \\$ 110,000 \\) B. \\( \\$ 35,700 \\) C. \\( \\$ 16,300 \\) D. \\( \\$ 93,700 \\)

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