data: Cash sales Credit sales $80,000 $ 240.000 August 570,000 $ 220,000 September 550.000 $180,000 Cotobet $ 60,000 $ 200,000 The regular pattern of collection of credit sales is 20% in the month of sale, 70% in the month following the month of sale, and the remainder in the second mon The budgeted cash receipts for September would be closest to: $185.000 $248,000 c $264,000 d. $214,000 he Pad Thai Corporation has obtained the following sales forecast data: Cash sales Credit sales July $ 80,000 $ 240,000 August $ 70,000 $ 220,000 9 September 50,000 $ 180,000 October $ 60,000 $ 200,000 The regular pattern of collection of credit sales is 20% in the month of sale, 70% in the month following the month of sale, and the The budgeted cash receipts for September would be closest to: $185,000 a b. $248,000 $264,000 c. d. $214,000