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Projections for the second quarter of 20x7 are provided below: Sales (units) April 3753 May 4835 June 4956 Cash for sales is collected in the

Projections for the second quarter of 20x7 are provided below:

Sales (units)

April

3753

May

4835

June

4956

Cash for sales is collected in the following manner: 21.90 % in the month of the sale, 43.93 % in the next month, and 34.17% 2 months following the sale. The selling price is $18.80 per unit. The unit sales in March were 3000. How much cash is collected in May and June?

Select one:

a. $154619

b. $70174

c. $147658

d. $311512

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