K uestion point(s) possible S Riverside Corporation collects 60% of a month's sales in the month of sale, 35% in the month following sale, and 5% in the second month following sale. Budgeted sales for the upcoming four months are: April budgeted sales May budgeted sales June budgeted sales July budgeted sales $110,000 $190,000 $220,000 $210,000 The amount of cash that will be collected in July is budgeted to be A. $126,000 B. $212,500 OC. $86,500 OD. $201,500