Dove Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business-September, October, and November-are $247,000, 320,000, and $419,000, respectively. 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 $476,070 $396,725 $219,975 $104,750