QUESTION 3 Camelia, a merchandising company, has provided the following extracts from their budget for the first quart forthcoming year Jan Feb March Sales (25% cash) The company collects 70% of credit sales in the same month and the balance in the next month. Calculate the collections from the customers for the month of February O $427,500 O $600,000 O $465,000 O $577,500 S500,000 5600.000 $800,000