The WRT Corporation makes collections on sales according to the following schedule:

30% in month of sale

66% in month following sale

4% in second month following sale

The following sales have been are expected:

	Expected Sales
April	$130,000
May	$150,000
June	$140,000

Budgeted cash collections in June should be budgeted to be:

rev: 11_17_2016_QC_CS-70188

$140,000

$146,200

$140,520

$141,000