The BRS Corporation makes collections on sales according to the following schedule:

40% in month of sale

56% in month following sale

4% in second month following sale

The following sales have been budgeted:

	Sales
April	$	150,000
May	$	170,000
June	$	160,000

Budgeted cash collections in June would be:

Multiple Choice:

A) $165,200

B) $159,200

C) $160,600

D) $160,000