Liza's predicts sales of $41,000 for May and $55,000 for June Assume 70% of Liza's sales are for cash. The remaining 30% are credit sales, credit customers pay in the month following the sale. Compute the budgeted cash receipts for June. Answer is complete but not entirely correct. LIZA'S Budgeted Cash Receipts For Month Ended June 30 Budgeted sales $ 55,000 Less ending accounts receivablo 16,500 Cash sales 38,500 Collections of last month's receivables 28,700 Total budgeted cash receipts $. 67,200