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The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year (all sales are on account): Month Budgeted sales

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The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year (all sales are on account): Month Budgeted sales ($) March 234,000 April 198,000 May 216,000 June 252,000 July 234,000 Management expects to collect 65% of sales in cash in the month in which the sales are made, 35% in the following month. What is the total budgeted receipts from sales for the month of May

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