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16 Pronghorn Company reported the following information for 2019: October November December Budgeted sales $310,000 $346,000 $360,000 Budgeted purchases $120,000 $129,500 $143,000 All sales are

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Pronghorn Company reported the following information for 2019: October November December Budgeted sales $310,000 $346,000 $360,000 Budgeted purchases $120,000 $129,500 $143,000 All sales are on credit. Customer amounts on account are collected 40% in the month of sale and 60% in the following month. Compute Pronghorn's budgeted cash receipts for November. Budgeted cash receipts for November $

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