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Lakewood Jet Skis has budgeted sales for June and July at $490,000 and $460.000, respectively Sales are 75% credit, of which 40% is collected in

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Lakewood Jet Skis has budgeted sales for June and July at $490,000 and $460.000, respectively Sales are 75% credit, of which 40% is collected in the month of the sale and 50% is collected in the following month What is the accounts receivable balance on July 31? O A $345,000 O B. $276.000 C. $220.500 OD. $207.000

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