Harrti Corporation has budgeted for the following sales: July $449,000 August $584,000 September $617,000 October $892,000 November $750,000 December $710,000 Sales are collected as follows: 15% in the month of sale; 65% in the month following the sale; and the remaining 20% in the second month following the sale. In Harrti's budgeted balance sheet at December 31, at what amount will accounts receivable be shown?

Multiple Choice $710,000 $150,000 $603,500 $753,500