22 of 22 View Policies Current Attempt in Progress Sheridan Company reported the following information for 2022: October November December Budgeted sales $1280000 $1160000 $1360000 All sales are on credit. Accounts receivable are collected 50% in the month of sale and 50% in the following month. What are budgeted cash receipts for November? O $580000 O $1220000 O $1260000 $1160000 eTextbook and Media Save for Later -13 1 Attempts: 0 of 1 used Submit Amwer