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The following information relates to HH Company: Month Sales Purchases April $60,000 $32,000 May $80,000 $40,000 June $100,000 $56,000 -Cash is collected from customers in

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The following information relates to HH Company: Month Sales Purchases April $60,000 $32,000 May $80,000 $40,000 June $100,000 $56,000 -Cash is collected from customers in the following manner: 30% in the month of sale, 70% in the month following the sale How much cash will be collected from customers in June? Select one: a. $94,000 b. $100,000 c. $86,000 d. $68,000 4:07 PM

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