The following data is used for the next 2 questions: Livingstone Manufacturing has the following sales budgets for the fourth quarter. Cash sales Credit sales October $290,200 $93.160 November $312,400 $137,600 December $404,800 $180,200 The accounting manager has analyzed cash collections and determined that credit sales are collected 60% in the month of sale, 25% in the month following the sale, and 15% in the 2nd month following sale. How much cash will Livingstone collect in December? $143,846 $534,672 O $561.294 $548,646