Question 14 Cascades Inc manufactures and sells boxes, Budgets are as follows: Sales are budgeted at $220,000 for February, $300,000 for March, $250,000 for April, and S550,000 for May Cash Collections are expected to be 55% in the month of sale, 30% in the month following the sale, 15% two months following the sale . All sales are on credit The ending balance of accounts receivable at the end of May is: O A 220.000 OB. 247.500 OC 285.000 OD. 407,500