Cave Hardware's forecasted sales for Apr May, June, and July are $170,000, $290,000 $110,000, and $230,000, respectively. Sales are 70% cash and 30% credit with all accounts receivables cofected in the month following the sale Cost of goods sold is 80% of sales and ending inventory is maintained at $40,000 plus 10% of the following month's cost of goods sold. Al inventory purchases are paid 29% in the month of purchase and 74% in following month What are the cash collecoons budgeted for June at Cave Hardware? OA $164.000 B 1104,000 OC $77,000 OD $124.000 Cave Hardware's forecasted sales for Apr May, June, and July are $170,000, $290,000 $110,000, and $230,000, respectively. Sales are 70% cash and 30% credit with all accounts receivables cofected in the month following the sale Cost of goods sold is 80% of sales and ending inventory is maintained at $40,000 plus 10% of the following month's cost of goods sold. Al inventory purchases are paid 29% in the month of purchase and 74% in following month What are the cash collecoons budgeted for June at Cave Hardware? OA $164.000 B 1104,000 OC $77,000 OD $124.000