Kingston anticipates total sales for June and July of $450,000 and $378,000, respectively. Cash sales are normally 65% of total sales. Of the credit sales, 25% are collected in the same month as the sale, 70% are collected during the first month after the sale, and the remaining 5% are collected in the second month after the sale. Determine the amount of accounts receivable reported on the companys budgeted balance sheet as of July 31.

Sales Month	Total sales	Credit sales	Percent of sales	amount uncollected
June
July
Total