Question 33. Lee's Appliances forecasts the following sales figures for the next four months. April May June July $250,000 $150,000 $225,000 $150,000 Cash sales average 10% of total sales and credit sales are collected 50% in the month of sale and 50% in the month following sale. What are the estimated cash collections in May? A. $215,000 B. $207,500 C*. $195,000 D. $150,000 E. $ 82.500