Cave Hardware's forecasted sales for April, May, June, and July are $160,000, $240,000, $110,000, and $290,000, respectively. Sales are 65% cash and 35% credit with all accounts receivables collected in the month following the sale. Cost of goods sold is 85% of sales and ending inventory is maintained at $50,000 plus 10% of the following month's cost of goods sold. All inventory purchases are paid 28% in the month of purchase and 72% in the following month. What are the cash collections budgeted for June at Cave Hardware?

A. $227,000 B. $71,500 C. $105,500 D. $ 155,500