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Junior Snacks reports the following information from its sales budget: Expected Sales: October $ 148,000 November 156,000 December 192,000 All sales are on credit and

Junior Snacks reports the following information from its sales budget: Expected Sales: October $ 148,000 November 156,000 December 192,000 All sales are on credit and are expected to be collected 35% in the month of sale and 65% in the month following sale. The total amount of cash expected to be received from customers in November is: Multiple Choice

$96,200.

$252,200.

$156,000.

$54,600.

$150,800.

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