William Industries sells a product for $650. Unit sales for May were 600 and each month's sales are expected to grow by 3%. Zhang pays a sales manager a monthly salary of $3,000 and a commission of 2% of sales in dollars. Assume 30% of Zhang's sales are for cash. The remaining 70% are credit sales; these customers pay in the month following the sale. Compute the budgeted cash receipts for June.

:

• $393,510.

• $273,000.

• $281,190.

• $390,000.

• $396,570.