L Thornton, Inc. has budgeted sales for the months of September and October at $307,000 and $266,000, respectively, Monthly sales are 20% credit and 80% cash. Of the credit sales, 50% are collected in the month of sale, and 50% are collected in the following month. Calculate cash collections for the month of October. O A. $302,900 O B. $270,100 O C. $239,400 OD. $276,300