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Month Sales $ Month Sales $ Jan 35,210 July 31,932 Feb 17,462 Aug 37,355 Mar 37,355 Sep 35,210 Apr 31,932 Oct 37,355 May 35,210 Nov

Month Sales $ Month Sales $
Jan 35,210 July 31,932
Feb 17,462 Aug 37,355
Mar 37,355 Sep 35,210
Apr 31,932 Oct 37,355
May 35,210 Nov 17,462
June 17,462 Dec 31,932

Sales are collected as follows:

In the month of Sales: 41% In the next month: 29% After 2 months: 5% Remainder is considered as bad debt and is not collected.

Calculate the cash collection for June.

Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

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