Trail Center's sales are all made on account. The firm's collection experience has been that 30% of a month's sales are collected in the month the sale is made. 50% are collected in the month following the sale, and 18% are collected in the second month following the sale. The sales forecast for the months of May through August is as follows:

Required:
Calculate the cash collections that would be included in the cash budgets for July and August?

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May june July August. . 240,000 280,000 300,000 350,000