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Green Company's sales are on credit. 60% of credit sales are collected in the month of sale, 30% in the month following the sale,

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Green Company's sales are on credit. 60% of credit sales are collected in the month of sale, 30% in the month following the sale, and 10% is collected two months after. Budgeted sales data is as follows: June $200,000 July $100,000 August $150,000 How much are Accounts Receivable at the end of August? Select one: a. $21,000 b. $70,000 c. $147.000 d. $49.000

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