Memphis Company anticipates total sales for April, May, and June of $900,000, $1,000,000, and $1,050,000 respectively. Cash sales are normally 20% of total sales. Of the credit sales, 35% are collected in the same month as the sale, 60% are collected during the first month after the sale, and the remaining 5% are not collected. Compute the amount of cash received from credit sales during the month of June. Multiple Choice $984,000. $774,000. $912,000. $676,000 $712,000