4 Camellia, a merchandising company, has provided the following extracts from their budget for the first quarter of the forthcoming year: The company collects 70% of credit sales in the same month and the balance in the next month. Calculate the collections from the customers for the month of February. Feb March an 5 500,000$750,000 $1,000,000 es (20% cash) Minimized View $570,000 $540,000 $690,000 O$750,000