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Distribution Corporation collects 556 of a month's sales in the month of sale, 49% in the month following sale, and 5% in the second month

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Distribution Corporation collects 556 of a month's sales in the month of sale, 49% in the month following sale, and 5% in the second month following sain Budgeted sales for the upcoming four months are April budgeted sales $150,000 May budgeted sales $200.000 June budgeted sales 5260,000 July budgeted sales S210,000 The amount of cash that will be collected in July a budgeted to be O A 5115,500 OB. $229,500 OC 3114,000 OD. 5228 500

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