Harrti Corporation has budgeted for the following sales:

July	$	446,800
August	$	581,800
September	$	615,900
October	$	890,900
November	$	739,000
December	$	699,000

Sales are collected as follows: 10% in the month of sale; 60% in the month following the sale; and the remaining 30% 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

• $699,000

• $850,800

• $221,700

• $629,100