The WRT Corporation makes collections on sales according to the following schedule: 25% in month of sale 71% in month following sale 4% in second month following sale The following sales have been are expected: Expected Sales April $180,000 May $110,000 June $100,000 Budgeted cash collections in June should be budgeted to be:

$110,300

$100,720

$103,100

$100,000