Use below information for questions 7 & 8

Wemberly Company budgeted sales for the first three months of the current year are as follows: January February March Budgeted Sales $170,000 $220,000 $300,000 The company collects 65 percent in the month of sale, 30 percent in the following month, and 5 percent of sales are uncollectible and written off at the end of the financial year. Figure 1-2 7. Refer to Figure 1-2. Determine Wemberly's budgeted cash receipts for February A. $220,000 O B. $209,000 C. $194,000 O D. $143,000 8. Refer to Figure 1-2. What is Wemberly's budgeted accounts receivable at the end of March O A. $21,000 O B. $124,500 C. $105,000 O D. $173,500