Budgeted sales in Allen Pharmaceutical Company over the next four months are given below:

	March	April	May	June
Budgeted sales	$140,000	$200,000	$220,000	$160,000

Twenty-five percent of the company's sales are for cash and 75% are on account. Collections for sales on account follow a stable pattern as follows: 50% of a month's credit sales are collected in the month of sale, 30% are collected in the month following sale, and 15% are collected in the second month following sale. The remainder are uncollectible. Given these data, cash collections for June should be:

a

$158,000

b

$163,500

c

$186,500

d

$172,000