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Harrti Corporation has budgeted for the following sales: July $ 446,200 August $ 581,200 September $ 615,600 October $ 890,600 November $ 736,000 December $

Harrti Corporation has budgeted for the following sales:

July $ 446,200
August $ 581,200
September $ 615,600
October $ 890,600
November $ 736,000
December $ 696,000

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?

$626,400

$847,200

$220,800

$696,000

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