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Munson Company reported the following: budgeted credit sales for October of $620,000, for November of $580,000, and for December of $720,000. Credit sales or accounts

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Munson Company reported the following: budgeted credit sales for October of $620,000, for November of $580,000, and for December of $720,000. Credit sales or accounts receivables are collected 50% in the month of sale and 50% in the following month. How much cash will Munson expect to receive from their customers in November? \begin{tabular}{r} $290,000 \\ $50,000 \\ \hline$600,000 \\ $580,000 \end{tabular}

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