Target began its operations on September 1 of the current yearBudgeted sales for the first three months of businessSeptember Octoberand November \$260,000 , \$375,000 and S400,000 respectivelyThe company expects to sell 30% of its merchandise for cash Of sales on accoun 90% are expected to be collected in the month of the sale and 10 % in the month following the sale. The cash collections expected in October from accounts receivable are estimated to be