The Following Credit Sales Are Budgeted by Gonzalez Company $\begin{array}{ll}\text { February } & 200,000 \\\text { March } & 280,000 \\\text { April } & 240,000\end{array}$

Multiple Choice

The following credit sales are budgeted by Gonzalez Company: $\begin{array}{ll}\text { February } & 200,000 \\\text { March } & 280,000 \\\text { April } & 240,000\end{array}$ The company's past experience indicates that 80% of the accounts receivable are collected in the month of sale, 20% in the month following the sale. The anticipated cash inflow for the month of April is

A) $172,800.
B) $201,600.
C) $216,000.
D) $248,000.