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Capid Corporation is a wholesaler of industrial goods. Data regarding the store s operations follow: Sales are budgeted at: $ 3 6 0 0 0

Capid Corporation is a wholesaler of industrial goods. Data regarding the stores operations follow: Sales are budgeted at:
$360000 for October
$330000 for November
$320000 for December
Collections are expected to be 60% in the month of sale, 36% in the month following the sale, and 4% uncollectible. The October beginning balance is the accounts receivable account is $77000. What ate the expected cash receipts in November?
A. $327600
B. $310800
C. $342000
D. $293000

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