Zhang Industries sells a product for $750. Unit sales for May were 600 and each month's sales are expected to grow by 4%. Zhang pays a sales manager a monthly salary of $4,500 and a commission of 3% of sales in dollars. Assume 20% of Zhang's sales are for cash. The remaining 80% are credit sales; these customers pay in the month following the sale. Compute the budgeted cash receipts for June. Multiple Choice $374,400. $360,000. $450,000. $458,235. $453,600