Required information The following information applies to the questions displayed below. On October 1 of the current year, Malone Corporation prepared a cash budget for October, November, and December. All of Malone's sales are made on account. The following information was used in preparing estimated cash collections: August sales (actual) September sales (actual) October sales (estimated) November sales (estimated) December sales (estimated) $ 49,000 $ 59,000 $ 29,000 $ 79,000 $ 69,000 Approximately 60% of all sales are collected in the month of the sale, 30% is collected in the following month, and 10% is collected in the month thereafter. Budgeted collections from customers in November total: Multiple Choice 0 $68,000 0 $62,000. 0 $56,100. 0 $167,000