XYZ Company collects 75% of a month's sales in the month of sale and 25% of sales in the following month. The three month sales revenues are as follows: May sales: $1,000 June sales: $1,400 July sales: $1,200 Compute cash receipts (cash inflows) for June. A. $1,050 OB. $1,300 OC. $1,350 OD. $350 OE. not enough information, because sales revenue differs from cash inflows