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The following credit sales are budgeted by Concord Corporation: May June $380800 560000 784000 672000 July August The company's past experience indicates that 70% of

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The following credit sales are budgeted by Concord Corporation: May June $380800 560000 784000 672000 July August The company's past experience indicates that 70% of the accounts receivable are collected in the month of sale, 20% in the month following the sale, and 8% in the second month following the sale. The anticipated cash inflow for the month of August is O $658560. O $627200. O $691264. O $672000

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