Eastern Corporation collects 35% in the second month following sale, 45% in the month following sale and 20% of a month's sales in the month of sale. Budgeted sales for the upcoming four months are: April budgeted sales May budgeted sales June budgeted sales July budgeted sales $80,000 $150,000 $260,000 $250,000 The amount of cash that will be collected in July is budgeted to be A. $169,500 B. $219,500 O C. $50,000 D. $234.500