44 of 69 TIQUE 700 istands Rum Corporation wishes to prepare a cash budget for November 2020, Sales, purchases, and expenses for October (c) and November and December (estimated) are as follows: October November December Sales $48.000 40.000 45.000 Sales Alles on it, and the company's experience inows that on the average, 0 percent of sales are collected in the month of sale and the balance in the following month. A 2 percent discount is allowed on a collections in the month of The cash receipts in November for November sales are expected to be