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Camellia, a merchandising company, has provided the following extracts from their budget for the first quarter of the forthcoming year: Jan Feb March Sales (

Camellia, a merchandising company, has provided the following extracts from their budget for the first quarter of the forthcoming year:
Jan Feb March
Sales (30% cash ),$450,000,$750,000,$900,000
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.
A. $687,000
B. $462,000
C. $592,500
D. $750,000
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