Farmerlands, Inc, has budgeted sales for the months of September and October at $309,000 and $260,000, respectively. Monthly sales are 80% credit and 20% cash, Of the credit sales, 50% are oolectod in the month of sale, and 50% are colected in the following month. Calculate cash collections for the month of October. A. $158,000 B. $289.400 c. $279,600 D. $165,400