Jugo, Inc. made$$ $$350,000$ in sales during the month of$$ August, of which$70\%$ constituted sales on account. The remaining amount were cash sales. In$$ September, sales on account totaled$$ $$260,000,$ which represented$80\%$ of total sales during the month.

The company planned for$$ $$250,000$ in sales for October and expects sales in November to be$20\%$ higher than$$ October's sales. Budgeted sales are expected to be categorized as$$ follows: $30\%$ cash$$ sales, $70\%$ sales on account. Sales on account carry credit terms of net $30.$

Based on prior$$ experience, management believes$80\%$ of sales on account will be collected in the month following the month of sale.$10\%$ of sales on account will be collected in the second month following the month of sale and$7\%$ will be collected in the third month following the sale. The remaining$3\%$ of sales on account are not anticipated to be collected.

Given the information listed$$ above, calculate the total expected cash receipts in November.

Question $4$ options:

$$$$273,150$

$$$$300,000$

$$255,650$

$$$$274,200$

$$$$183,150$