Woodpecker Co$.$ has $$297,000$ in accounts receivable on January $1.$ Budgeted sales for January are $$920,000.$ Woodpecker Co$.$ expects to sell $20\%$ of its merchandise for cash. Of the remaining $80\%$ of sales on account, $75\%$ are expected to be collected in the month of sale and the remainder the following month. The January cash collections from sales are

a$.$ $$826,400$

b$.$ $$619,800$

c$.$ $$1,330,000$

d$.$ $$1,033,000$