EME Inc., bills its clients on the first of the month. For example, any sale made in the month of July is billed August 1 and is due September 1 ents traditionally pay as follows: 70% by the end of the first month August), 20% by the end of the second month (September), 9% by the end of third month (October), and 1% default on their bills. What is the dollar value of January billings collected in April? First-Quarter Actual Sales Du First-Quarter Actual Sales January February March $88.000 $74,000 $96.000 Second-Quarter Anticipated Sales April May June $99.000 $82.000 $63.000 NOVU O A. $0.00 B. $3,920 C. $7.040