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2 parts Required information The following information applies to the questions disployed belowJ On October 1 of the current yeac, Malone Corporation prepared a cash

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Required information The following information applies to the questions disployed belowJ On October 1 of the current yeac, Malone Corporation prepared a cash budget for Octobec, November, and Decembec. All of Malone's seles are made on account. The followng information was used in preparing estimoted cash collections: Approvimately 60% of all seles ate collected in the month of the sale, 30% is collected in the following month, and iox, is collected in the month thereaner. Budgeted collections from customers in October total: Multiple Choice : $22000 $70,800 $107,000 530,200 Required information (The following informabon epples to the questions displayed below] On October 1 of the current year, Molone Corporation prepared a cash budget for Octobec, November, and December. As of Malone's sales are made on account. The following information was used in proparing estimoted cash collections: Approximately 60% of al sales are collected in the month of the sale, 30x is collected in the followng month, and fox is collected in the month thereater. Eudgeted collections from customers in Novembet totat: Madple Choice 5137000 $4300 $52300 $51,900

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