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Oriole Company reported the following information for 2019: October November December Budgeted sales $1340000 $1240000 $1520000 All sales are on credit. Customer amounts on account

Oriole Company reported the following information for 2019: October November December Budgeted sales $1340000 $1240000 $1520000 All sales are on credit. Customer amounts on account are collected 50% in the month of sale and 50% in the following month. How much cash will Oriole receive in November? $620000 $1380000 $1240000 $1290000

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