Beany Company is in the process of preparing a cash receipts schedule for October October sales are budgeted to be $1,000,000. Collections of sales are expected to be as follows: 50N in the month of sale 40in the month following the sale 71 in the second month following the sale 31 uncollectible. Uncollected sales as of September 31st are $500,000 of which $100,000 represents uncollected August sales and $400,000 representa uncollected September sales. Cash receipts for October would be budgeted to be: $500,000 0.5820,000 $890,000 O $667,000 None of the above