Consider the cash receipts projections of Emma Inc. that is developing a cash budget for October , November and December; sales in August and September were $200,000 and $500,000 respectively. The forecast sales are $800,000, $900,000 and $200,000 for October, November and December respectively. 15 % of sales are cash sales and 85% are credit sales; collects about 60% of each months sales in the next month but waiting until the following month for the remaining 25% of sales. Bad debts are negligible. The Firm is expectsing cash dividend of $25,000 in December from a subsidiary.What are the total cash receipts in November? (In thousands)

		$605
		$470
		$765
		$740