Gregg Company reported the following information for 2022: October November December Budgeted sales $300,000 $320,000 $360,000 Budgeted purchases $120,000 $128,000 $144,000 All sales are on credit. Customer amounts on account are collected 40% in the month of sale and 60% in the following month. Instructions Compute the amount of cash Gregg will receive during November