Camellia, a merchandising company, has provided the following extracts from their budget for the first quarter of the forthcoming year: Jan Feb March Sales (20% cash) $450,000 $700,000 $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. $700,000 O B. $620,000 OC. $480,000 OD. $476,000