Lakewood Jet Skis has budgeted sales for June and July at $440,000 and $550,000, respectively. Sales are 65% credit, of which 30% is collected in the month of the sale and 70% is collected in the following month. What is the accounts receivable balance on July 31? O A. $385,000 OB. $357,500 O c. $200,200 OD. $250,250