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Latimer Corporation collects 35% of a month's sales in the month of sale. 50% in the month following sale, and 15% in the second month

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Latimer Corporation collects 35% of a month's sales in the month of sale. 50% in the month following sale, and 15% in the second month following sale Budgeted sales for the upcom August budgeted sales $300,000 September budgeted sales $280.000 October budgeted sales $330.000 November budgeted sales $260.000 The amount of cash that will be collected in November is budgeted to be O A $284 000 OB. $298.000 OC. $285.500 OD. $289.000

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