Gardner Company expects sales for October of $250,000. Experience suggests that 45% of sales are for cash and 55% are on credit. The company collects 50% of its credit sales in the month of sale and 50% in the month following sale. Budgeted Accounts Receivable on September 30 is $69,000. What is the amount of cash expected to be collected in October? Multiple Choice $112.500. $125,000 $250,250 $181.250