Slowinski Company has the following sales budget:

Month Cash Sales September $100,000 October 125,000 November 130,000 December 135,000

Credit Sales $300,000 180,000 210,000 190,000

Collections of credit sales are 50% in the month of sale, 40% in the month following sale, and 10% two months following sale. No uncollectible accounts are expected. What are the estimated cash collections in November?

A) $130,000

B) $197,000 C) $327,000 D) $337,000