Distribution Corporation collects 40% of a month's sales in the month of sale, 55% in the month following sale, and 5% in the second month following sale. Budgeted sales for the upcoming four months are:
| April budgeted sales |
$100,000 |
| May budgeted sales |
$150,000 |
| June budgeted sales |
$230,000 |
| July budgeted sales |
$180,000 |
The amount of cash that will be collected in July is budgeted to be
A. $179,500.
B. $206,000.
C. $195,500.
D. $72,000.