Memphis Company anticipates total sales for April, May, and June of $$970,000,$$$1,070,000,$ and $$1,120,000$ respectively. Cash sales are normally $20\%$ 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 not collected. Compute the amount of cash received from total sales during the month of June.

Multiple Choice

$$829,200.$

$$983,200.$

$$1,053,200.$

$$769,200.$

$$730,400.$