Eiffel Company is preparing its cash budget for November. Eiffel expects 50% of credit sales to be paid in the month of sale. 30% in the month following the sale, and the remainder paid two months after the month of sale. Eiffel expects the cash and credit sales to be:

Cash Credit November P17, 000 P100, 000 October ??? P90, 000 September P15, 000 P80, 000 August P18, 000 P95, 000 Assuming no bad debts and a projected total cash inflow of P 107,000 in October, what is Eiffel's expected October cash sale? a. P 20,000 b. P 19,000 c. P16,000 d. P14,000