Romona Company expects its November sales to be 10% higher than its October sales of $250,000. All sales are on credit and are collected as follows: 25% in the month of the sale and 70% in the following month. Purchases were $130,000 in October and are expected to be $120,000 in November. Purchases are paid 40% in the month of purchase and 60% in the following month. The cash balance on November 1 is $14,000. The cash balance on November 30 will be O A. $257,750 OB. $131,750 OC. $103,750 OD. $117,750