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 $100,000 $200,000 $240,000 $250,000 The amount of cash that will be collected in July is budgeted to be A. $87,500 B. $148,000 C. $228,000 D. $235,500