budgeted to be $1,000,000. Beany Company is in the process of preparing a cash receipts schedule for October. October sales are Collections of sales are expected to be as follows: 50+ in the month of sale 407 in the month following the sale 74 in the second month following the sale 34 uncollectible. August sales and $400,000 represents Uncollected sales as of September 31st are $500,000 of which $100,000 represents uncollected uncollected September sales. Cash receipts for October would be budgeted to be $500,000 $820,000 $890,000 5667,000 None of the above