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Fox Traa Center's sales are al made on account. The firm's colection experience has been that 30% of a month's sales are colected in the

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Fox Traa Center's sales are al made on account. The firm's colection experience has been that 30% of a month's sales are colected in the month the sale is made 51% are collected in the month following the sale, and 17% are collected in the second month fol ng the sale. The sales forecast for ne months of May through August s as too May $249,000 June July August365,000 292,000 301,000 Required Calculate the cash collections that would be included in the cash budgets for July and August July August

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