Harrti Corporation has budgeted for the following sales:

July	$	446,400
August	$	581,400
September	$	615,700
October	$	890,700
November	$	737,000
December	$	697,000

Sales are collected as follows: 20% in the month of sale; 55% in the month following the sale; and the remaining 25% 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

• $697,000

• $184,250

• $557,600

• $741,850