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Carter Enterprises started business on September 1 . Cash sales in September were $ 4 5 0 , 0 0 0 , and credit sales

Carter Enterprises started business on September 1. Cash sales in September were $450,000, and credit sales were $1,000,000. Cash sales for the calendar quarter ending December 31 are estimated to be $400,000 per month. Carter budgets total sales for the quarter of $6,000,000. It is forecast that 40% of the credit sales will occur in October, 30% in November, and 30% in December. Of credit sales (September through December),45% will be collected as cash in the month of sale, and 50% will be collected in the following month. The remainder will be uncollectible.
How much should Carter budget for cash from customers for November?

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