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Star Company projected unit credit sales for the last four months of the year as shown below: September October November December 4,400 4,600 5,500 7,000

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Star Company projected unit credit sales for the last four months of the year as shown below: September October November December 4,400 4,600 5,500 7,000 The company's past records show collection of credit sales as 40% in the month of sale and the balance in the following month. If inventory units are sold for $27, the total cash collections on receivables in November will be Multiple Choice o 3133,920. o $24,260. o $148,500. o $59,400

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