October sales are Shelley Company is in the process of preparing a cash receipts schedule for October. budgeted to be $1,000,000. Collections of sales are expected to be as follows: 50+ in the month of sale 400 in the month following the sale 7e in the second month following the sale 31 uncollectible. August Uncollected sales as of September 31st are $500,000 of which $100,000 representa uncollected sales and $400,000 represents uncollected September aales. Cash receipts for October would be budgeted to be $500,000 $ 820,000 $890,000 $667,000 None of the above