Forward Company makes all its sales on account. Forward's accounts receivable payment experience is as follows: Percent paid in the month of sale 30% Percent paid in the month after sale 65% Percent paid in the second month after sale 3% Forward provided information on sales as follows: September $120,000 October $140,000 November $220,000 December (expected) $260,000 ? What are the expected cash receipts in December? a. $210,400 b. $250,000 c. $225,200 d. $50,000 e. $179,000