QUESTION 16 A company forecasts that the following sales: 398 BD in May, 306 BD in June and 172 BD in July. Sales will be paid in three parts, 30% will be paid in cash, another 30% will be paid after one month and the remining 40% will be paid after two months. Additionally, the company will receive 106 BD in dividends in July, and 154 BD from the sale of stocks in May. Based on the information given what is the anticipated total cash receipts for the month of July?