answer with an explanation

The following are Best Gulfs estimated sales during September, October, November and December 2019: September $ 15,000 $ 20,000 $ 22,000 $ 25,000 October November December Cash receipts from customers are expected to be %75 in the month of sale and %25 in the month following the sale The company maintains ending inventory of $ 8,000 plus 10 % of the cost of goods sold budgeted for the following month. Cost of goods sold equal 50 % of sales revenue )The company's budgeted cash receipts for October and November will be A)$ 15,000 in October and $20,000 in November B) $ 18,750 in October and $21,500 in November. C)$ 18,750 in October and $22,500 in November. D) $ 21,000 in October and $23,000 in November 10) The company's budgeted purchases for October and November will be: A) $ 8,000 in October and$ 8,980 in November B) $ 14,320 in October and $11,150 in November. C)$ 10,100 in October and $11,150 in November. D)$ 10,100 in October and $8,620 in November. table