Grouper Company reported the following information for 2019; October November $334,000 December $366,000 $314,000 Budgeted sales Budgeted purchases $125,000 $129,500 $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 Compute Grouper's budgeted cash receipts for November. Budgeted cash receipts for November $