Wright Corporation began its operations on September l of the current year. Budgeted sales for the first three months of business arc $230, 329, $305, 074, and $414, 743, respectively, for September, October, and November. The company expects to sell 20% of its merchandise for cash. | Of sales on account, 70% are expected to be collected in the month of the sale, 25% in the month in following the sale, and the remainder in the following month. What are the cash collections in September from sales on account? Select the correct answer. $139, 043 $49, 658 $188, 701 $28, 291