Distribution Corporation collects 55% of a months sales in the month of sale 40% in the month following sale and 5% in the second month following sale. The amount of cash that will be collected in July is budgeted to be

Distribution Corporation collects 55% of a month's sales in the month of sale, 40% in the month following sale, and 5% in the second month following sale. Budgeted sales for the upcoming four months are: April budgeted sales $100,000 May budgeted sales $110,000 June budgeted sales $300,000 July budgeted sales $210,000 The amount of cash that will be collected in July is budgeted to be A. $191,000 B. $115,500 O C. $125,500 OD. $241,000