Natcher Corporation Collects 60% of a Month's Sales in the Month

Natcher Corporation collects 60% of a month's sales in the month of sale, 30% in the month following sale, and 5% in the second month following sale. The company has found that 5% of their sales are uncollectible. Budgeted sales for the upcoming four months are: The amount of cash that will be collected in November is budgeted to be

A) $252,000
B) $218,500
C) $138,000
D) $290,500