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Sharon Corporation collects 10% in the second month following sale, 40% in the month following sale and 40% of a month's sales in the month

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Sharon Corporation collects 10% in the second month following sale, 40% in the month following sale and 40% of a month's sales in the month of sale. The company has found that 10% of their sales are uncollectible. Budgeted sales for the upcoming four months are: August budgeted sales $260,000 September budgeted sales $350,000 October budgeted sales $390,000 November budgeted sales $270,000 The amount of cash that will be collected in November is budgeted to be O A. $323,000 OB. $108,000 O c. $299,000 OD. $243,000

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