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Dove Corporation began its operations on September 1 of the current year Budgeted sales for the first three months of business are $299,000, 5320,000, and

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Dove Corporation began its operations on September 1 of the current year Budgeted sales for the first three months of business are $299,000, 5320,000, and $415,000, 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 b. 5291,000 c. 5277,000 d. S301.775

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