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27 Salem Company reported the following information for 2020: of September Budgeted sales Budgeted purchases $75,000 $50,000 October November December $80,000 $90,000 $150,000 $65,000 $125,000

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27 Salem Company reported the following information for 2020: of September Budgeted sales Budgeted purchases $75,000 $50,000 October November December $80,000 $90,000 $150,000 $65,000 $125,000 $100,000 January $70,000 $40,000 All sales are on credit. Customer amounts on account are collected 75% in the month of sale and 25% in the following month. How much cash will Salem receive during November

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