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 $140,000 $140.000 S250,000 $230,000 The amount of cash that will be collected in July is budgeted to be $80,500 $140.500 $221.000 $207,500