Me Save & Subm - Cedar Co. has forecast purchases to be $332.000 in June $377000 in July $317000 in August and $276.000 in September Purchases average 30% paid in cash 70% on Credit Credit purchases are paid 60% in the month of purchase 30% during the month following and 10% the second month following the purchase. Cash disbursements in September would be Meredith Company has budgeted sales for the upcoming months as follows: 26 April 00:05:13 May June July August September $ 451,000 $ 467,000 $ 492,000 S524,000 $ 505,000 404,000 40% of the sales are credit sales, the remainder are made in cash Credit sales are collected 45 in the month of sale. 35% in the month following the sale, and 7% in the second month following the sale a. Compute Meredith Company's cash receipts for June. (Do not round intermediate calculations.) Cash Receipts