The following sales budget has been prepared: Month Cash Sales Credit Sales September $123,000 $210,000 October $125,000 $180,000 November $167,000 $260,000 December $189,000 $190,000 Collections are 50% in the month of sale, 40% in the month following the sale, and 10% in the second month following the sale. No uncollectible accounts are anticipated. What is the estimated cash collections in October?

a. $125,000 b. $90,000 c. $215,000 d. $299,000