8.57 pts Question 12 ABC Company has obtained the following sales forecast data: July August September October Cash sales $80,000 $70,000 $50,000 $60,000 Credit $240,000 $220,000 $180,000 $200,000 sales The regular pattern of collection of credit sales is 20% in the month of sale, 70% in the month following the month of sale, and the remainder in the second month following the month of sale. There are no bad debts. The budgeted accounts receivable balance on September 30 would be: $166,000 $148,000 O $190,000 O $126,000