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Martinez Company reported the following information for 2019: October November Budgeted sales December $386,000 $312,000 $340,000 Budgeted purchases $121,000 $129,000 $144.000 All sales are on

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Martinez Company reported the following information for 2019: October November Budgeted sales December $386,000 $312,000 $340,000 Budgeted purchases $121,000 $129,000 $144.000 All sales are on credit Customer amounts on account are collected 30% in the month of sale and 70% in the following month Compute Martinez's budgeted cash receipts for November, Budgeted cash receipts for November $

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