It would be greatly appreicated if you could show your work! Thanks (:

Budgeting Cash Whitney's Inc., sells on terms of 5% discount for cash and carry or 2/10, n/30 and estimates its total sales for the second calendar quarter of next year as follows: April $300,000; May, $240,000; and June, $360,000. An analysis of operations indicates the following customer collection patterns: Portion of Total Sales In month of sale: Cash at time of sale On account during discount period On account, after discount period 25% 15% 10%! in month following sale On account. during discount period On account after discount period 20% 10% In second month following sale: On account, after discount period 15% Average portion uncollectible 596 100