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The WRT Corporation makes collections on sales according to the following schedule: 10% in month of sale 80% in month following sale 5% in second

The WRT Corporation makes collections on sales according to the following schedule: 10% in month of sale 80% in month following sale 5% in second month following sale 5% uncollectible The following sales have been budgeted: Sales April $ 218,000 May $ 163,000 June $ 187,000 Budgeted cash collections in June would be:

$18,700

$160,000

$141,300

177,000

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