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Realand Ltd.'s budgeted sales for the first three months of 20x12 are as follows January February March $539411 885998 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 $539411 885998 205000 Realand's actual sales for December 20x11 were $791477 Of the total sales, 30% 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 28% 51% 21% What are Realand's budgeted cash collections for the month of February 20x127 Select one: a. $689389 b. $173656 c. $748372 d. $482572

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