The last few months Chinchilla Corp has been struggling to maintain a healthy ending cash balance. So to better manage cash Chinchilla is working on a cash budget. At the end of May the accounts receivable balances are:

From April sales	$21,000
From May sales	48,000

Chinchilla Corp has the following expected pattern of collections on credit sales: 70 percent collected in the month of sale, 15 percent in the month after the month of sale, and 14 percent in the second month after the month of sale. The remaining 1 percent is never collected.

Chinchilla Corp's expected sales for June are $150,000. How much cash will Chinchilla Corp expect to collect in June?

Group of answer choices

$148,600

$127,400

$152,520

$129,000