8) The BRS Corporation makes collections on sales according to the following schedule:

45% in month of sale

50% in month following sale

5% in second month following sale

The following sales have been budgeted:

Sales

April $ 140,000

May $ 150,000

June $ 140,000

Budgeted cash collections in June would be:

A) $138,000 B) $145,000 C) $140,700 D) $140,000