ABC Ltd. has prepared the cash budget for the year 2014-2015 and provided the following information pertaining to sales value :
Month Rs.
April 2014 2,50,000
May 2014 2,80,000
June 2014 3,20,000
July 2014 3,50,000
20% of the monthly sales are expected to be on cash basis. 60% of the credit sales are expected to be realised in the month following the month of sales and remaining 40% are expected to be realized in the second month following the month of sale.
The estimated cash receipts in the month of June 2014 are:

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