10) Warehouse Corporation collects 30% of a month's sales in the month of sale, 65% in the month following sale, and 5% in the second month following sale. Budgeted sales for the upcoming four months are: April budgeted sales $100,000 May budgeted sales $150,000 June budgeted sales $230,000 July budgeted sales $180,000 The amount of cash that will be collected in July is budgeted to be: A) $203,500 B) $54,000 C) $171,500 D) $211,000