Lakewood Jet Skis has budgeted sales for June and July at $420,000 and $530,000, 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. $344,500 OB. $191,100 O C. $241,150 OD. $371,000