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During the year 2020 sales are expected to be 1,135,600. At the start of the year the firm had receivables of 163,525. It is expected

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During the year 2020 sales are expected to be 1,135,600. At the start of the year the firm had receivables of 163,525. It is expected that during the year receivables would increase by 12%. What are the budgeted cash receipts from customers during the year? O a. 1,155,223 O b.1,115,977 c. 972,075 d. 952,452

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