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Realand Ltd.'s budgeted sales for the first three months of 20x12 are as follows January February March S595543 851778 205000 Realand's actual sales for December

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Realand Ltd.'s budgeted sales for the first three months of 20x12 are as follows January February March S595543 851778 205000 Realand's actual sales for December 20x11 were $791999 Of the total sales, 22% are cash sales and the remainder is on account. The company's cash collection patterns for sales made on account are as follows: Collected in the month of sale Collected in the month following the sale Collected in the second month following the sale 19% 53% 28% What are Realand's budgeted cash collections for the month of February 20x12? Select one a. $699235 b. $126233 c. $732795 d. $545404 Check

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