Cave Hardware's forecasted sales for April, May, June, and July are $180,000, $200,000, $150,000, and $230,000, respectively. Sales are 65% cash and 35% credit with all accounts receivables collected in the month following the sale. Cost of goods sold is 75% of sales and ending inventory is maintained at $40,000 plus 10% of the following month's cost of goods sold. All inventory purchases are paid 22% in the month of purchase and 78% in the following month. What are the cash collections budgeted for June at Cave Hardware? A. $167,500 B. $97,500 C. $127,500 D. $202,000