Question: please help 2 Search Engine Corp. has provided the following details concerning budgeted sales: Budgeted Sales $75,000 69,000 80,000 Jan Feb March April May 82,000

 please help 2 Search Engine Corp. has provided the following details

please help

2 Search Engine Corp. has provided the following details concerning budgeted sales: Budgeted Sales $75,000 69,000 80,000 Jan Feb March April May 82,000 80,500 92,000 June The collection policy of the company is to collect 20% in the month of sale, 40% in the following month, and remaining 40% in the second month after the month of sale. All sales are made on account. Calculate the cash receipts from customers for the first six months. (17 points)

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