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The Lacrange Corporation had the following budgeted sales for the first has of the ciarent year: The company is in the process of preparing a cash budget and must determine the expected cash colections by month, To this end, the following information has been assembied Cotlections on sales: 40s in month of sale 40si in morth following sale 20% in second month following sale The accounts recelvable balence on Janwary to the current year was $81,000, of which $60.000 represents uncollected December sales and $21,000 represents uncolected November 1 The total cash collected during Janusy by LaGrange Corporation would be: Multiple Cheice 54300 5187000 5100,000 5201000 The taGrange Corporacion had the following budgeted sales for the first hal of the current year: The company is in the procoss of preparing a cosh budget and must determine the expected cash collectons by month. To this end, the following information has been assembled: Collections on sales: 45x in month of sale 50% in month following sale 5. in second thenth folowing sale The accounts recelvsble balance on January 1 af the current yeat was $81,000, af wtich $55.000 represents uncolected December sales and $26,000 represents uncollected November sales What ss the budgeted accounts receinabie balance on May 31? Minase crioce 5799600 366500 510tino sin2000 actuat lewel of extivity was 5.560 teriant-agys. The kennel has proveka the following data concerning the formulus used in is budgetng and its actual resuits for March Data vues in buogeting Accua rerults for March. The tevenue veriense for Macch wous be dosest ta. 3137650 5a65 1708281 tromsu