Cash Sales $50.000 $55,000 $45,000 Credit Sales $150,000 $170,000 S130,000 $145,000 $200,000 S350.000 July August September. October ..$50,000 $60,000 $80,000 December ... The company is in the process of preparing a cash budget and must determine the expected cash collections by month. To this end, the following information has been assembled: Collections on credit sales: 60% in month of sale 30% in month following sale 10% in second month following sale NOvember 30th? What is the budgeted accounts receivable balance on