Riverside Corporation collects 35% of a month's sales in the month of sale, 45% in the month following sale, and 20% in the second month following sale. Budgeted sales for the upcoming four months are: . April budgeted sales May budgeted sales June budgeted sales July budgeted sales The amount of cash that will be collected in July is budgeted to be O A. $207,500 O B. $221,000 OC. $80,500 OD. $140,500 $140,000 $140,000 $250,000 $230,000

Riverside Corporation collects \35 of a month's sales in the month of sale, \45 in the month following sale, and \20 in the second month following sale. Budgeted sales for the upcoming four months are: . The amount of cash that will be collected in July is budgeted to be A. \\( \\$ 207,500 \\) B. \\( \\$ 221,000 \\) C. \\( \\$ 80,500 \\) D. \\( \\$ 140,500 \\)