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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 (30%

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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 (30% cash) $500,000 $600,000 $1,000,000 The company collects 60% 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 O A. $572,000 B. $392,000 O C. $432,000 OD. $600,000

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