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McEwen Company has budgeted the following credit sales during the last four months of the year: September, $15,000; October, $19,000; November $24,000; December, $34,000. Experience

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McEwen Company has budgeted the following credit sales during the last four months of the year: September, $15,000; October, $19,000; November $24,000; December, $34,000. Experience has shown that payment for the credit sales is received as follows: 62% in the month of sale, 30% in the first month after sale, 5% in the second month after sale, and 3% uncollectible. How much cash can McEwen Company expect to collect in November as a result of credit sales? O A. $22,350 O B. $6,450 O C. $20,580 O D. $21,330

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