Correy Inc $\bullet$ All Sales Are on Credit $\bullet$ Customer Amounts on Account Are Collected 50% in the Month

Correy Inc. reported the following information for 2016:
$\bullet$
All sales are on credit.
$\bullet$ Customer amounts on account are collected 50% in the month of sale and 50% in the following month.
$\bullet$ Cost of goods sold is 35% of sales.
$\bullet$ Correy purchases and pays for merchandise 60% in the month of acquisition and 40% in the following month.
$\bullet$ Accounts payable is used only for inventory acquisitions.
How much cash will Correy receive during November?

A) $220,000
B) $490,000
C) $450,000
D) $440,000