In the coming year, Urayse, Inc. will be introducing its first product, a wrist brace that protects serious video gamers from repetitive-motion injuries. The brace will be sold for $11.25 to retailers throughout the country. All sales will be made on account. An expected 65% of sales will be collected within the quarter of the sale, and another 30 % in the quarter following the sale. The remaining 5% of credit sales are expected to be uncollectible. The sales budget for the coming year is as follows:

1st Quarter2nd Quarter3rd Quarter4th Quarter

Budgeted sales units25,00040,00050,00080,000

Prepare Urayse, Inc.'s, cash receipts budget for the coming year. (Enter answers in necessary fields only. Leave other fields blank. Do not enter 0.)

Sales Budget

1st Quarter2nd Quarter3rd Quarter4th QuarterAnnual

Budgeted units sold

Budgeted sales price$$$$$

Budgeted sales revenue$$$$$

Cash Receipts Budget

1st Quarter2nd Quarter3rd Quarter4th QuarterBad Debts

1st quarter sales$$$$$

2nd quarter sales

3rd quarter sales

4th quarter sales

Totals$$$$$

Determine the Net Accounts Receivable at the end of the year. Assume that no accounts have been written off during the year.

Net Accounts Receivable

$