Question 13 (4 points) Information for questions 13 - l4: Basil Company has the following budgeted sales information: April $250,000 May $270,000 June $300,000 July $290,000 Forecasted collections of sales on credit are 50% in the month of sale, 30% in the month following sale and 20% in the second month following sale. [What are the budgeted cash receipts in June? Question 14 (4 points) What i_s the Accounts Receivable balance on June 30\"\"?