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I'm stuck and have no idea how to figure out the attached problem! Budgeting Cash Whitney's, lnc., sells on terms of 5% discount for cash

I'm stuck and have no idea how to figure out the attached problem!

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Budgeting Cash Whitney's, lnc., sells on terms of 5% discount for "cash and carry" or 2110, m'30 and estimates its total sales for the second calendar quarter of next year as follows: April. 5450.000 May. $360,000 and June. $540,000. An analysis of operations indicates the following customer collection patterns: abortion of 16ml sales In month ofsale: Cash at time of sale 25% On acoount. during discount period 15% On account. after discount period 10% In month following sale: On account. durlng discount perlod 2096 On account. after discount period 10% In second month following sale: On account. after disco-.4 nt period 15% Average portion untollectlble 5% 100% Prepare an estimate of the cash to be collected from customers during June. mud Colhcontom customers Injuno April Sales On account. no discount 5 X Mag.r Sales On account. no discount 0 X On account. with distou nt 0 I June sales On account, no dlscount o x On account. with discount 0 X Cash 0 X Total estimated June collections 5 0 X

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