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The BRS Corporation makes collections on sales according to the following schedule: 30% in month of sale 64% in month following sale 6% in second

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The BRS Corporation makes collections on sales according to the following schedule: 30% in month of sale 64% in month following sale 6% in second month following sale The following sales have been budgeted: Sales April $130,000 May $140,000 June $130,000 Budgeted cash collections in June would be: $ 136,400 $130,780 Sales April $130,000 May $140,000 June $130,000 Budgeted cash collections in June would be: $136,400 $130,780 $128,600 $130,000

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