Search Engine Corp. has provided the following details concerning budgeted sales.
Budgeted Sales 
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.
Definitions:
Indirect Value
The benefits provided by biodiversity that do not have direct economic value, such as climate regulation and pollination.
Indirect Values
Benefits provided by ecosystems that do not have a direct economic value, such as climate regulation and cultural significance.
Biodiversity
The variety of plant and animal life in the world or in a particular habitat, considered important for maintaining ecological balance.
Trees
Perennial plants with an elongated stem, or trunk, supporting branches and leaves in most species.
Q2: Kim Company's western territory's forecasted income statement
Q5: Which of the following is an example
Q29: Victory Company makes a special kind of
Q29: A3+ has prepared its 3rd quarter budget
Q37: Colin was a professional classical guitar player
Q71: An increase in selling price per unit
Q90: The combined production costs from all departments
Q109: City Golf Center reported actual operating income
Q148: The procurement manager was able to bring
Q165: A flexible budget summarizes revenues and expenses