Memphis Company anticipates total sales for April, May, and June of $800,000, $900,000, and $950,000, respectively. Cash sales are normally 25% of total sales. Of the credit sales, 30% are collected in the same month as the sale, 65% are collected during the first month after the month of sale, and the remaining 5% are not collected. The amount of cash expected to be collected in June is: Select one: a $890,000 b. $817,500 C. $652,500. d. $592,500 e: $561,500