Information pertaining to Collection Corporation's sales revenue is presented below: remainder paid in the month following the month of purchase. Purchase costs are approximately 60% of the selling prices. Total budgeted inventory purchases in November by Collection Corporation are: Multiple Choice $262,350. $321,150. $392,000. $497,550. $532,690. Information pertaining to Collection Corporation's sales revenue is presented below: remainder paid in the month following the month of purchase. Purchase costs are approximately 60% of the selling prices. Total budgeted inventory purchases in November by Collection Corporation are: Multiple Choice $262,350. $321,150. $392,000. $497,550. $532,690