$254,450 Question 17 3 pts Apple Inc. began its operations on September 1 of the current year. Budgeted sales for the first three months of business September October, und November are $260,000, $375,000, and $400,000, respectively. The company expects to sell 30% of its merchandise for cash. Often com 90% are expected to be collected in the month of the sale and 10% in the month following the sale, The cash collections expected in November from accounts receivable are estimated to be $278,250 $294,500 $262,500 $246,400