Distribution Corporation collects 45% of a month's sales in the month of sale, 40% in the month following sale, and 15% in the second month following sale. Budgeted sales for the upcoming four months are: April budgeted sales $110,000 May budgeted sales $130,000 June budgeted sales $250,000 July budgeted sales $150,000 The amount of cash that will be collected in July is budgeted to be O A. $187,000 O B. $67,500 O c. $119,500 OD. $181,000