Thornton, Inc. has budgeted sales for the months of September and October at $308,000.00 and $268,000.00, respectively. Monthly sales are 20% credit and 80% 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.

Thornton, Inc. has budgeted sales for the months of September and October at \\( \\$ 308,000.00 \\) and \\( \\$ 268,000.00 \\), respectively. Monthly sales are \20 credit and \80 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. \\( \\$ 241,200.00 \\) B. \\( \\$ 304,000,00 \\) C. \\( \\$ 272,000.00 \\) D. \\( \\$ 277,200.00 \\)