Taylor Inc sells and installs residential water heaters. Its customers pay for their water heaters over four months by paying in equal, monthly installments. The sales price of an installed water heater is $600. Taylor sold and installed the following number of water heaters in the first six months of 2013: January 80 units February 100 units March 70 units April 84 units May 90 units June 75
units Cash receipts for June are expected to be:
A) $ 74,850
B) $118,050
C) $ 47,850
D) $191,400
C
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