Gallonte Inc. began operations in April of this year. It makes all sales on account, subject to the following collection pattern: 30% are collected in the month of sale; 60% 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, $160,000, and $150,000, respectively, what were the firm's budgeted collections for May?

Multiple Choice

• $141,000.

• None of the answers is correct.

• $137,000.

• $96,000.

• $35,000.