Gardner Company expects sales for October of $$243,000.$ Experience suggests that $40\%$ of sales are for cash and $60\%$ are on credit. The company collects $50\%$ of its credit sales in the month of sale and $50\%$ In the month following sale. Budgeted Accounts Recelvable on September $30$ is $$65,500.$ What is the amount of cash expected to be collected in October?

Multiple Choice

$$ $$121,500$

$$ $$162,700.$

$$ $$170,100$