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Natcher Corporation collects 60% of a month's sales in the month of sale, 30% in the month following sale, and 5% in the second month

Natcher Corporation collects 60% of a month's sales in the month of sale, 30% in the month following sale, and 5% in the second month following sale. The company has found that 5% of their sales are uncollectible. Budgeted sales for the upcoming four months are:
August budgeted sales
$310,000
September budgeted sales
$300,000
October budgeted sales
$330,000
November budgeted sales
$230,000
The amount of cash that will be collected in November is budgeted to be
A.
$218,500
B.
$290,500
C.
$138,000
D.
$252,000

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