Budgeted sales in Acer Corporation over the next four months are given below: September October November December Budgeted sales $120,000 $140,000 $180,000 $160,000 Thirty percent of the company's sales are for cash and 70% are on account. Collections for sales on account follow a stable pattern as follows: 50% of a month's credit sales are collected in the month of sale, 30% are collected in the month following sale, and 20% are collected in the second month following sale. Given these data, cash collections for December should be.

a. $118,700
b. $100,500
c. $161,400
d. $141,800