Zhang Industries sells a product for $900. Unit sales for May were 600 and each month's sales are expected to exceed the prior month's results by 3%. Zhang pays a sales manager a monthly salary of $2,000 and a commission of 2% 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.

a. $432,000.

b. $545,280.

c. $543,240.

d. $444,960.

e. $540,000.