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Dove Corporation began its operations on September of the current year. Budgeted sales for the first three months of business are $250,000, $320,000, and $410,000,

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Dove Corporation began its operations on September of the current year. Budgeted sales for the first three months of business are $250,000, $320,000, and $410,000, 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 $248.000 b. 5382,500 0.5304250 d. S320,000

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