Budgeted sales in Acer Corporation over the next four months are given below:

	September	October	November	December
Budgeted sales	$120,000	$140,000	$180,000	$160,000

Thirty percent of the company’s sales are for cash and 70% are on account. Collections for sales on account follow a stable pattern as follows: 50% of a month’s credit sales are collected in the month of sale, 30% are collected in the month following sale, and 20% are collected in the second month following sale. Given these data, cash collections for December should be:

a. $141,800

b. $100,500

c. $118,700

d. $161,400