Credit sales are $60\%$ of gross sales. Sales on credit are typically collected as follows:

$10\%$ are collected in the same month of the sale;

$70\%$ are collected in the month following the month of sale;

$20\%$ are collected in the second month after the sale month.

$\backslash$table$[[,$Oct.,Nov.,Dec.$],[$Gross Sales,$720,000,698,000,520,000]]$

What is the amount of cash collected for December $31$ from all sales?

$$410,760$

$$293,160$

None of the choices are correct.

$$312,000$

$$618,760$