Use the information below for Dove Corporation to answer the question that follow.

Dove Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of businessSeptember, October, and Novemberare $250,000, $320,000, and $424,000, respectively. The company expects to sell 25% of its merchandise for cash. Of sales on account, 70% are expected to be collected in the month of the sale and 30% in the month following the sale.

The cash collections expected in October are

a.$279,200

b.$304,250

c.$229,200

d.$293,200