Blue Company has forecast sales to be $$410,000$ in February, $$540,000$ in March, $$580,000$ in April, and $$620,000$ in May. The average cost of goods sold is $60\%$ of sales. All sales are made on credit and sales are collected $50\%$ in the month of sale, $30\%$ the month following and the remainder two months after the sale. What are budgeted cash receipts in May? Select one: O a$.$ $$620,000$ b$.$ $$310,000$ c$.$ $$592,000$ d$.$ $$483,334$