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

40% in month of sale

56% in month following sale

4% in second month following sale

The following sales have been are expected:

	Expected Sales
April	$210,000
May	$160,000
June	$150,000

Budgeted cash collections in June should be budgeted to be:

rev: 11_17_2016_QC_CS-70188

$158,000

$150,000

$150,840

$149,600