2 Exercise 7-3A (Algo) Preparing a schedule of cash receipts LO 7-2 The budget director of Heather's Florist has prepared the following sales budget. The company had $250,000 in accounts receivable on July 1. Heather's Florist normally collects 100 percent of accounts receivable in the month following the month of sale Required a. Complete the schedule of cash receipts by filling in the missing amounts b. Determine the amount of accounts receivable the company will report on its third quarter pro forma balance sheet Complete this question by entering your answers in the tabs below. Required A Required Complete the schedule of cash receipts by filling in the missing amounts Sales Budget Cash sas Sales on account July August September 3 70,000 $ 81,000 $ 76,000 86.000 101,000 134,600 $150.000 5 182,000 $210,000 Total budgeted sales Schedule of Cash Receipts Cament cash sains Phn Colections from accounts niceivable Total budgeted collections $ 320,000 $167,000 $177,000 Help Seve & Exit Subt Check my work