Trumbull Company Budgeted Sales on Account of £120,000 for July

Multiple Choice

Trumbull Company budgeted sales on account of £120,000 for July, £211,000 for August, and £198,000 for September. Collection experience indicates that none of the budgeted sales will be collected in the month of the sale, 60% will be collected the month after the sale, 36% in the second month, and 4% will be uncollectible. The cash receipts from accounts receivable that should be budgeted for September would be

A) £169,800.
B) £147,960.
C) £197,880.
D) £194,760.