Question $13$

$4$ pts

Memphis Company anticipates total sales for April, May, and June of $$960,000,$$$1,060,000,$ and $$1,110,000$ respectively. Cash sales are normally $20\%$ of total sales. Of the credit sales, $35\%$ are collected in the same month as the sale, $60\%$ 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.

$$719,200.$

$$819,600.$

$$969,600.$

$$757,600.$

$$1,041,600.$