Austinco has the following budgeted sales: July $90,000; August 80,000; September 110,000; October 85,000. Historically, the cash collection ofsates has been as follows: 55% ofsales collected in the month ofsate; 35% ofsales collected in the month tbllowing the sate; 10% of sates collected in the second month following the sate. What is the expected September 30 balance in Accounts Receivable?

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