Distribution Corporation collects 40% of amonth's sales in the month ofsale, 55% in the month followingsale, and 5% in the second month following sale. Budgeted sales for the upcoming four monthsare:

April budgeted sales -- $70,000

May budgeted sales -- $130,000

June budgeted sales -- $210,000

July budgeted sales -- $240,000

The amount of cash that will be collected in July is budgeted to be

A.

$179,500

B.

$218,000

C.

$122,000

D.

$ 96,000