Bramble Corp. has the following budgeted sales: July $290000, August $340000, and September $290000. 40% of the sales are for cash and 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% the next month. The total expected cash receipts during September are $290000. $296500.. O $320000. O $305000.

Bramble Corp. has the following budgeted sales: July $290000, August $340000, and September $290000,40% of the sales are for cash and 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% the next month. The total expected cash receipts during September are $290000. $296500. $320000. $305000