Harrington makes all sales on account, subject to the following collection pattern: 20% are collected in the month of sale; 70% are collected in the first month after sale; and 10% are collected in the second month after sale. If sales for June, July, and August were $80,000, $170,000, and $160,000, respectively, what were the firm's budgeted collections for August and the company's budgeted receivables balance on August 31? A. August Collections $151,000 August 31 Receivables Balance $171,000 B C. D. $159,000 $159,000 $251,000 $145,000 $139,000 $145,000 E. None of these options is correct. Multiple Choice Choice A Choice B Choice C Choice D Choice E