Gallonte Inc. began operations in April of this year. It makes all sales on account, subject to the following collection pattern: 20% are collected in the month of sale; 70% are collected in the first month after sale; and 10% are collected in the second month after sale. If sales for April, May, and June were $80,000, $170,000, and $160,000, respectively, what were the firm's budgeted collections for the quarter?

• $231,000.

• $250,000.

• $265,000.

• $349,000.

• None of the answers is correct