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Budgeted sales for the upcoming four months are the amount

Warehouse Corporation collects 30% of a month's sales in the month of sale, 65% in the month following sale, and 5% in the second month following sale. Budgeted sales for the upcoming four months are:

April budgeted sales	$107681
May budgeted sales	$155200
June budgeted sales	$221447
July budgeted sales	$170838

The amount of cash that will be collected in July is budgeted to be:

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Accounting Basics: Budgeted sales for the upcoming four months are the amount

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