Camellia, a merchandising company, has provided the following extracts from their budget for the first quarter of the forthcoming year: Jan Feb March Sales (25% cash) $550,000 $750,000 $850,000 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. $502,500 B. $750,000 OC. $525,000 OD. $690,000