Dove Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business are $230,000, $300,000, and $418,000, 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. $214,000 Ob. $274,000 c. $284,250 d. $260,000