Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business - September, October, and November-are $239,000, $300,000, and $420,000, respectively. The company expects to sell 30% of its merchandise for cash. Of sales on account, 80% are expected to be collected in the month of the sale and 20% in the month following the sale. The cash collections expected in November from accounts receivable are projected to be: Oa. $332,640 Ob. $277,200 c. $193,200 d. $ 235,200