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Question 4 (of 2.50 peints the sale is made, 49% are collected ite mom following...

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Accounting

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Question 4 (of 2.50 peints the sale is made, 49% are collected ite mom following the sale, Fox Tral Center's sales are al made on account. The frn's coleton experience and 15% are olected in te second month flowing sale. The sales forecast for re monts of May through Aug at is as fol ws has been that 31%Of a moth's sales are clectod in the m re May $232,000 June August31,000 Required Calculabe the cash collections that would be included in the cash budgets for July and August ugust

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