Dove Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business are $238,000, $307,000, and $401,000, respectively, for September, October, and November. The company expects to sell 25% of its merchandise for cash. Of sales on account, 70% are expected to be collected In the month of the sale and 30% in the month following the sale. The cash collections expected in October are a. $291,475 b. $219,320 Ce $267,120 d. $280,920