Nebraska Corporation began its operations on September 1 ofthe current year. Budgeted sales for the first three months ofbusiness are $240,000, $300,000, and $420,000, respectively, forSeptember, October, and November. The company expects to sell 20%of its merchandise for cash. Of sales on account, 70% are expectedto be collected in the month of the sale, 25% in the monthfollowing the sale, and the remainder in the following month.Calculate the cash collections in September from accountsreceivable:

a.	$240,000
b.	$134,400
c.	$192,000
d.	$168,000