Use the information below to answer the following question(s). Blaney Lumber's forecasted sales for April; May, June; and July are $200,000; $230,000; $190,000; and $240,000; respectively. Sales are 60% cash and 40% credit with all accounts receivables collected in the month following the sale. Cost of goods sold is 75% of sales and ending inventory is maintained at $60,000 plus 10% of the following month's cost of goods sold. All inventory purchases are paid 20% in the month of purchase and 80% in the following month. What Blaney Lumber's cash collections budgeted for June? O A. $206,000 O B. $194,400 O c. $114,000 OD. $172,000