Memphis Company anticipates total sales for April, May, and June of \\( \\$ 820,000, \\$ 920,000 \\), and \\( \\$ 970,000 \\) respectlvely. Cash sales are normally \25 of total sales. Of the credit sales, \40 are collected In the same month as the sale, \55 are collected during the first month after the sale, and the remaining \5 are collected in the second month after the sale. Compute the amount of accounts recelvable reported on the company's budgeted balance sheet for June 30 . Multiple Choice \\( \\$ 436,500 \\). \\( \\$ 471,000 \\). \\( \\$ 844,250 \\). \\( \\$ 583,500 \\). \\( \\$ 913,000 \\). A company's history Indicates that \20 of Its sales are for cash and the rest are on credit. Collections on credit sales are \20 in the month of the sale, \50 in the month after the sale, \25 in the second month after the sale, and \5 is uncollectlble. Projected sales for December, January, and February are \\( \\$ 60,000, \\$ 85,000 \\) and \\( \\$ 95,000 \\), respectlvely. The February expected cash recelpts from current and prior cred/t sales is: Multiple Choice \\( \\$ 66,400 \\) \\( \\oint_{0} 7,000 \\) \\( \\$ 90,250 \\) \\( \\$ 61,200 \\) \\( \\$ 80,750 \\)