in the second month following sale. The remainder A Company collects 20% of a month's sales in the month of sale, 70% in the month following sale, and 6 is uncollectible. Budgeted sales for the next four months are: January February March April Budgeted sale $200,000 $300,000 $350,000 $250,000 Cash collections in April are budgeted to be: $321,000 $313,000 $320,000 $292,000