Figure 2 Budgeted Sales for the Second Quarter of the Current Year

Multiple Choice

Figure 2
Budgeted sales for the second quarter of the current year are as follows:
The company collects 20 percent in the month of sale, 70 percent in the first month following the sale, and 10 percent in the second month following the sale.
-Refer to Figure 2 above. Total cash collected in June will be

A) £180,000
B) £191,000
C) £90,000
D) £140,000