The BRS Corporation makes collections on sales according to the following schedule:30% in month of sale60% in month following sale10% in second month following saleThe following sales have been budgeted: SalesApril$140,000May$130,000June$150,000Budgeted cash collections in June would be:
A. $123,000
B. $45,000
C. $137,000
D. $85,000
Answer: C
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