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Information pertaining to Yekstop Corp.'s sales revenue is presented below: Management estimates that 4% of credit sales are eventually uncollectible. Of the collectible credit sales,

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Information pertaining to Yekstop Corp.'s sales revenue is presented below: Management estimates that 4% of credit sales are eventually uncollectible. Of the collectible credit sales, costs are approximately 60% of the selling prices. Total budgeted cash collections for Yekstop Corp. in December are: A. $555,512 B. $502,568 C. $375,216 D. $506,780

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