Thornton, Inc. has budgeted sales for the months of September and October at $306,000.00 and $267,000.00, respectively. Monthly sales are 80% credit and 20% cash. Of the credit sales, 50% are collected in the month of sale, and 50% are collected in the following month. Calculate cash collections for the month of October. A. $183,600.00 B. $290,400.00 C. $282,600.00 D. $160,200.00