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Miller Company expects its November sales to be 20% higher than its October sales of $180,000. All sales are on credit and are collected as follows: 35% in the month of the sale and 60% in the following month. Purchases were $140,000 in October and are expected to be $120,000 in November. Purchases are paid 35% in the month of purchase and 65% in the following month. The cash balance on November 1 is $13,500. The cash balance on November 30 will be A. $64,100 B. $37,100 C. $50,600 D. $197,100