Thomas Farm's intern was working on the cash budget for June. The intern was called away suddenly for a family emergency. During the month. Thomas's cash sales were $30800 and Thomas collects 70% of credit sales during the month of sale. What was the dollar amount of Thomas's credit sales? Beginning cash balance $4000 Cash Receipts Total cash available to spend 307800 303800 Less Disbursements Materials purchases Selling and administrative expenses Total cash disbursements 267700 54600 322300