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Kuzma Foods, Inc. has budgeted sales for June and July at $ 6 8 0 , 0 0 0 and $ 7 6 5 ,

Kuzma Foods, Inc. has budgeted sales for June and July at $680,000 and $765,000, respectively. Sales are 80% credit, of which 60% is collected in the month of sale and 40% is collected in the following month. What is the budgeted Accounts Receivable balance on July 31?
A. $306,000
B. $217,600
C. $612,000
D. $244,800
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