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Use the information beiow for Nuthatch Corporation to answer the question that follow. Nuthatch Corporation began its operations on September 1 of the current year.

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Use the information beiow for Nuthatch Corporation to answer the question that follow. Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business-5eptember, October, and November 3re$260,000,5375,000, and $400,000, respectively. The company expects to sell 30% of its merchandise for cash. Of sales on account, 80% are expected to be collected in the month of the sale and 20% in the month following the sale. The cash collections expected in September from accounts recelvable are estimated to be a. $168,000 b. 5145,600 c. 5223,600 d. 5187,000

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