Vaughn Inc. reports all its sales on credit, and pays operating costs in the month incurred. Amounts for 2020 are:

MarchAprilMayJuneJuly

Budgeted sales$300800$290100$320300$280100$209700

Budgeted purchases $145000$120000$128200$133000$90300

Customer amounts on account are collected 65% in the month of sale and 35% in the following month.

Cost of goods sold is 50% of sales.

Vaughn purchases and pays for merchandise 50% in the month of acquisition and 50% in the following month.

Operating expenses are: Salaries, $50400; Depreciation, $13000; Rent, $15200; and Utilities, $13000.

Accounts payable is used only for inventory acquisitions.

How much cash will Vaughn receive during May from customers?

$306230

$309730

$208195

$300670