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[ 1 0 points ] Caba - 9 3 1 7 Corporation's sales budget for the first half of the year is as follows: Sales

[10 points] Caba-9317 Corporation's sales budget for the first half of the year is as follows:
Sales are 20% cash and 80% on account. Sales on account are to be collected over a three-month period, with 25% collected in the month of the sale, 55% collected in the first month following the
month of sale, and 20% collected in the second month following the month of sale. What is the budgeted balance in the Accounts Receivable account as of June 30?
Multiple Choice
$185,600
$200,000
$154,000
$241,600
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