Garibaldi Inc $$\begin{array} { l l } \text { October } & \$ 3,900,000 \\\text { Novernber } & \$ 4,350,000 \\\text { Decerrber } & \$ 4,725,000\end{array}$$

Multiple Choice

Garibaldi Inc.collects 40% of its sales in the month of sale and the other 60% in the following month.The following shows budgeted sales for October through December.
$$\begin{array} { l l } \text { October } & \$ 3,900,000 \\\text { Novernber } & \$ 4,350,000 \\\text { Decerrber } & \$ 4,725,000\end{array}$$
What is the amount of cash receipts budgeted for November?

A) $4,080,000
B) $1,740,000
C) $2,340,000
D) $2,835,000
E) None of the answer choices is correct.