Eastern Corporation collects 60% in the second month following sale, 35% in the month following sale and 5% of a month's sales in the month of sale. Budgeted sales for the upcoming four months are April budgeted sales $100,000 May budgeted sales $170,000 June budgeted sales $250,000 July budgeted sales $250,000 The amount of cash that will be collected in July is budgeted to be O A. $12,500 B. $202,000 OC. $189,500 D. $246,000