2) Mo' Accounting expects credit sales in the next quarter as follows: July August $255,000 September $324,000 $225,000 Prior experience has shown that 50 percent of a month's sales are collected in the month of sale, 30 percent in the month following sale, and the remaining 20 percent in the second month following sale. May and June sales were $255,000 and $285,000 respectively. Estimate budgeted cash receipts for July, August, and September. July = August = September =