The budgeted sales of Kelley, SA for the given months are as follows:

	Cash Sales	Credit Sales
April	$38,000	$256,000
May	$54,000	$250,000
June	$36,000	$192,000
July	$33,000	$190,000
August	$35,000	$287,000

To prepare a cash budget, the company needs to determine the expected cash collections each month, and has provided the following additional information:

The Accounts Receivable balance on April 1 was $82,015. Of this amount, $57,015 represented uncollected March sales and $25,000 represented uncollected February sales.

Collections on Credit sales:

• 65% in month of sale
• 30% in month following sale
• 5% in second month following sale

Part 1:

What should the April cash collected be? $BLANK

Part 2:

For August 1, what is budgeted Accounts Receivable? (76,100, 100,300, 109,950, 144950, OR 79,700)