13. MC.22.129.ALGO (Algorithmic) Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business September, October, and November are $242,000, $302,000, and $403,000, respectively. The company expects to sell 30% of its merchandise for cash. Of sales on account 80% are expected to be collected in the month of the sale and 20% in the month following the sale. The cash collections expected in October from accounts receivable are estimated to be 0000 a. $203,000 b. $169,120 c. $135,240 d. $243,600 14. MC.22.131.ALGO (Algorithmic) Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: