following schedule: The ABC Company makes collections on their "on account" (credit) sales according to the 25% in month of sale 70% in month following sale 5% in second month following sale The following sales have been budgeted: Month Sales April 85,000 May 125,000 110,000 June Required: a) Calculate the budgeted cash collections for June from June and prior sales. Show your work. (3 marks) b) Calculate the budgeted accounts receivable at the end of June. Show your work