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| The WRT Corporation makes collections on sales according to the following schedule: |
| 40% in month of sale |
| 56% in month following sale |
| 4% in second month following sale |
| The following sales have been are expected: |
| Expected Sales | |
| April | $210,000 |
| May | $160,000 |
| June | $150,000 |
| Budgeted cash collections in June should be budgeted to be: |
rev: 11_17_2016_QC_CS-70188
$158,000
$150,000
$150,840
$149,600
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