Dove Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business are $233,000, $306,000, and $420,000, 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.$473,220

b.$220,500

c.$105,000

d.$394,350