The PDQ Company Makes Collections on Credit Sales According to the Following

The PDQ Company makes collections on credit sales according to the following schedule: 25% in month of sale
70% in month following sale
4% in second month following sale
1% uncollectible
The following sales have been budgeted:
Cash collections in June would be:

A) $113,400
B) $110,000
C) $111,000
D) $115,500