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Corvi Corporation produces and sells one product. The budgeted selling price per unit is $ 1 2 6 . Budgeted unit sales are shown below:

Corvi Corporation produces and sells one product. The budgeted selling price per unit is $126. Budgeted unit sales are shown below:
\table[[Budgeted unit sales,July,August,September,October]]
All sales are on credit with 40% collected in the month of the sale and 60% in the following month. The expected cash collections for August is closest to:
Multiple Choice
$551,880
$579,600
$919,800
$1,131,480
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