Question 14 8 pts Kentucky Company anticipates total sales for April, May, and June of $800,000, $900,000, and $950,000 respectively. Cash sales are normally 65% of total sales. Of the credit sales, 25% are collected in the same month as the sale, 70% 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 for May. $196,000 $663,750 None of these are correct $921,125 $859,750