Dove Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business are $242,000, $317,000, and $421,000, 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 in November are a. $477,120 b. $397,600 c. $105,250 d. $221,025