October sales are budgeted Beany Company is in the process of preparing a cash receipts schedule for October. to be $1,000,000. Collections of sales are expected to be as follows: 508 in the month of sale 40% in the month following the sale 74 in the second month following the sale 33 uncollectable. Tugust sales Uncollected sales as of September 31st are ss00,000 of which $100,000 represents uncollected and $400,000 representa uncollected September sales. Cash receipts for October would be budgeted to be: $500,000 5667.000 None of the above