12?. Correy Inc. reported the following information tor 2013: minim Emile]: Roseanne]: Budgeted sales Manson $440000 $54o.ooo Budgeted purchases $240000 $256000 $230000 I All sales are on credit. I Customer amounts on account are collected 50% in the month of sale and 50% in the following month. I Cost of goods sold is 35% of sales. I Correy purchases and pays for merchandise 50% in the month of acquisition and 40% in the following month. I Accounts payable is used only for inventory acquisitions. How much cash will Correy receive during November? a. $220,000 0. $490,000 c. $450,000 d. $440,000