The Following Sales Budget Has Been Prepared Collections Are 50% in the Month of Sale, 40% in }

Multiple Choice

The following sales budget has been prepared: $\begin{array}{lcr}\text { Month } & \text { Cash Sales } & \text { Credit Sales } \\\text { September } & \$ 100,000 & \$ 200,000 \\\text { October } & 125,000 & 180,000 \\\text { November } & 130,000 & 210,000 \\\text { December } & 135,000 & 190,000\end{array}$ Collections are 50% in the month of sale, 40% in the month following the sale, and 10% two months following the sale.No uncollectible accounts are anticipated._____ is the estimated cash collection in November.

A) $197,000
B) $327,000
C) $340,000
D) $130,000