thorton inc has budgeted sales for the month of September and October at $302,000 and $286,000, respectively. monthly says 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. $271,800

b. $300,400

c. 287,600

d. 257,400