Justin Company's budget includes the following credit sales for the current year:
September $37,000;
October $48,000;
November $42,000;
December $44,000.
Experience has shown that payment for the credit sales is received as follows:
15% in the month of sale, 60% in the first month after sale, 20% in the second month after sale, and 5% is uncollectible.
How much cash can Justin Company expect to collect in November as a result of current and past credit sales?
A. 42,000.
B. 42,500.
C. 31,100.
D. 39,900.
E. 45,300.