Assume that a company provided the following information and assumptions from its master budget Sales budget Unit sales in June, July and August are 20.000 18.000, and 17,000, respectively. The selling price per unit is $80. Allt tales are on account 20% of sales are collected in the month of safe and 80% are collected in the next month What is the budgeted amount of accounts receivable balance at the end of July Multiple Choice $288.000 $1.280,000 $1,440,000 $1152000