Meredith Company has budgeted sales for the upcoming months as follows: April 3457,000 $465,000 June 5497,000 July $518,000 August $510,000 September $479,000 40% of the sales are credit sales, the remainder are made in cash Credit sales are collected 45% in the month of sale, 40% in the month following the sale, and 6% in the second month following the sale. a. Compute Meredith Company's cash receipts for June (Do not round intermediate calculations.) Cash Receipts