Starlight Toy Company prepared the following sales budget for the second quarter.Projected sales for each of the first three months of operations are as follows:

Sales Budget April May June

Sales 30,000 43,000 55,000

Sales on Account 370,000 432,000 405,000

Total Sales 400,000 475,000 460,000

Starlight expects to collect 60% of the sales on account in the month of sale, and 30% in the month following the sale, and the remainder in the second month following the sale.

What is the amount of budgeted cash collections for June?

A. $413,200

B. $409,600

C. $464,600

D. $460,000