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7 Plantsville makes all sales on account, subject to the following collection pattern: 25% are collected in the month of sale: 60% are collected in

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7 Plantsville makes all sales on account, subject to the following collection pattern: 25% are collected in the month of sale: 60% are collected in the first month after sale, and 15% are collected in the second month after sale. If sales for October November, and December were $61,000, $51,000, and $41,000, respectively, what was the budgeted receivables balance on December 317 8 00:17:40 Multiple Choice $30,750 O None of the answers is correct, $39.750 $38.400 $50,000

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