Romona Company expects its November sales to be 20% higher than its October sales of $250,000. All sales are on credit and are collected as follows: 35% in the month of the sale and 60% in the following month. Purchases were $70,000 in October and are expected to be $160,000 in November. Purchases are paid 40% in the month of purchase and 60% in the following month. The cash balance on November 1 is $13,300. The cash balance on November 30 will be O A. $162,300 O B. $268,300 O C. $149,000 OD. $135,700