--/3. Question 18 View Policies Current Attempt in Progress Concord Corporation reported the following information for 2019: October November December $530000 $450000 $550000 Budgeted sales Budgeted purchases $140000 $276000 $298000 . All sales are on credit Customer amounts on account are collected 50% in the month of sale and 50% in the following month. Cost of goods sold is 35% of sales. Concord purchases and pays for merchandise 60% in the month of acquisition and 40% in the following month. Accounts payable is used only for inventory acquisitions. How much cash will Concord receive during November? . $225000 $490000 $450000 $500000