The BRS Corporation makes collections on sales according to the following schedule: 45% in month of sale 53% in month following sale 2% in second month following sale The following sales have been budgeted: April May Sales $220,000 $150,000 $140,000 June Budgeted cash collections in June would be: (2.5) 1) $140,440 2) $140,000 3) $146,900 4) $142,500