WUOSION Hp Romona Company expects its November sales to be 20% higher than its October sales of $160,000. All sales are on credit and are collected as follows: 25% in the month of the sale and 70% in the following month. Purchases were $120,000 in October and are expected to be $140,000 in November. Purchases are paid 40% in the month of purchase and 60% in the following month. The cash balance on November 1 is $13,500. The cash balance on November 30 will be O A. $32,000 O B. $45.500 C. $173,500 OD. $18,500