Alpha Company makes all its sales on account. Accounts receivable payment experience is as follows:
Percent paid in the month of sale
35%
Percent paid in the month after the sale
54%
Percent paid in the second month after the sale
6%
Alpha provided information on sales as follows:
May
$150,000
June
$125,000
July
$136,000
August (expected)
$142,000
How much of June's credit sales is expected to be collected in the month of July?
Group of answer choices
$30,000
$60,000
$36,000
$67,500
$80,000