Cave Hardware's forecasted sales for April, May, June, and July are $220,000, $300,000, $180,000, and $230,000, respectively. Sales are 70% cash and 30% 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 $70,000 plus 20% of the following month's cost of goods sold. All inventory purchases are paid 26% in the month of purchase and 74% in the following month. What are the cash collections budgeted for June at Cave Hardware? O A. $146,000 OB. $216,000 OC. $126,000 OD. $215,000 Click to select your