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 $160,000 June $150,000 Budgeted cash collections in June would be: Multiple Choice $155,600 $149,600 Multiple Choice $155,600 $149,600 $150,600 $150,000