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Shadee Corporation expects to sell 520 sun shades in May and 310 in June. Each shades sells for $15. Shadees beginning and ending finished goods

Shadee Corporation expects to sell 520 sun shades in May and 310 in June. Each shades sells for $15. Shadees beginning and ending finished goods inventories for May are 60 and 55 shades, respectively. Ending finished goods inventory for June will be 50 shades.

It expects the following unit sales for the third quarter:

July 500
August 470
September 430

Sixty percent of Shadees sales are cash. Of the credit sales, 52 percent is collected in the month of the sale, 37 percent is collected during the following month, and 11 percent is never collected.

Required:

Calculate Shadees total cash receipts for August and September.

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