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Five Friends Relocation Company prepared the following sales budget: Month March April May June Cash Sales $23,000 $36,000 $42,000 $57,000 Credit Sales $6,000 $15,000 $36,000

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Five Friends Relocation Company prepared the following sales budget: Month March April May June Cash Sales $23,000 $36,000 $42,000 $57,000 Credit Sales $6,000 $15,000 $36,000 $48,000 Credit collections are 32% in the month of sale, 40% in the month following the sale and 20% two months following the sale. The remaining 8% is expected to be uncollectible. What are the total cash collections in May at Five Friends Relocation Company? $60.720 $57,120 $99.000 $18.720

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