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Lakewood Jet Skis has budgeted sales for June and July at S420,000 and $520,000 , respectively. Sales are 65% credit, of which 40% is collected

Lakewood Jet Skis has budgeted sales for June and July at S420,000 and $520,000 , respectively. Sales are 65% credit, of which 40% is collected in the month of the sale and 60% is collected in the following month. What is the accounts receivable balance on July 31? OA. $312,000 OB. $338 000 OC. 5163,600 OD. $202,800

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