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BusyBody Company expects its November sales to be 15% higher than its October sales of $150,000. Purchases were $60,000 in October and are expected to

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BusyBody Company expects its November sales to be 15% higher than its October sales of $150,000. Purchases were $60,000 in October and are expected to be $120,000 in November. All sales are on credit and are collected as follows: 20% in the month of the sale and 75% in the following month Purchases are paid 20% in the month of purchase and 80% in the following month. The cash balance on November 1 is $13,200. The cash balance on November 30 will be *** O A. $88,200 OB. $160,200 O C. $75,000 OD. $61,800

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