Reference: 07-04
the LaPann Company Has Obtained the Following Sales

Reference: 07-04
The LaPann Company has obtained the following sales forecast data: $$\begin{array} { | l | l | l | l | l | } \hline & { \text { July } } & { \text { August } } & \text { September } & { \text { October } } \\\hline \text { Cash sales } & \$ 80,000 & \$ 70,000 & \$ 50,000 & \$ 60,000 \\\hline \text { Credit sales } & \$ 240,000 & \$ 220,000 & \$ 180,000 & \$ 200,000 \\\hline\end{array}$$ July
The regular pattern of collection of credit sales is 20% in the month of sale, 70% in the month following the month of sale, and the remainder in the second month following the month of sale. There are no bad debts.
-The budgeted cash receipts for October are?

A) $226,000.
B) $278,000.
C) $188,000.
D) $248,000.