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

35% in month of sale

61% in month following sale

4% in second month following sale

The following sales have been are expected:

	Expected Sales
April	$200,000
May	$130,000
June	$120,000

Budgeted cash collections in June should be budgeted to be:

rev: 11_17_2016_QC_CS-70188

$129,300

$121,300

$120,000

$120,800