July August September Sales Budget Cash sales Sales on account $ 72,000 93,000 | $ 165,000 $ 67,000 114,000 $ 181,000 $ 81,000 133,600 $ 214,600 Total budgeted sales Schedule of Cash Receipts Current cash sales Plus: Collections from accounts receivable Total budgeted collections $ 332,000 $ 160,000 $ 195,000 The budget director of Heather's Florist has prepared the following sales budget. The company had $260,000 in accounts receivable on July 1. Heather's Florist normally collects 100 percent of accounts receivable in the month following the month of sale. Required a. Complete the schedule of cash receipts by filling in the missing amounts. b. Determine the amount of accounts receivable the company will report on its third quarter pro forma balance sheet