Toscano Company makes all its sales on account. Accounts receivable payment experience is as follows: Percent paid in the month of sale 25% Percent paid in the month after the sale 64% Percent paid in the second month after the sale 5% Toscano provided information on sales as follows: May $140,000 June $115,000 July $126,000 August (expected) $132,000 What is budgeted cash to be collected on account for the month of August? A. $45,000 B. $132,000 C. $119,390 D. $150,000