Lighthouse Company anticipates total sales for June and July of $340,000 and $368,000, respectively. Cash sales are normally 65% of total sales. Of the credit sales, 20% are collected in the same month as the sale, 70% are collected during the first month after the sale, and the remaining 10% are collected in the second month. Determine the amount of accounts receivable reported on the company's budgeted balance sheet as of July 31 ook As of July 31 rint Sales month Total Sales Credit Sales Uncollected Uncollected Amount ences June July Total S 340,000 368,000