Kingston anticipates total sales for June and July of $350,000 and $298.000, respectively. Cash sales are normally 70% of total sales. of the credit sales, 25% are collected in the same month as the sale, 65% are collected during the first month after the sale, and the remaining 10% are collected in the second month after the sale. Determine the amount of accounts receivable reported on the company's budgeted balance sheet as of July 31. As of July 31 Percent Still Amount Uncollected Uncollected Sales month Credit Sales Total Sales June July Total $ 350,000 298,000