Question 17 of 20 View Policies Current Attempt in Progress Clay Co.'s projected sales are as follows: August September October $400,000 $450,000 $550,000 -/10 = : Clay estimates that it will collect 30% in the month of sale, 50% in the month after the sale, and 18% in the second month following the sale. Two percent of all sales are estimated to be bad debts. How much are Clay Co.'s budgeted cash receipts for October? Budgeted Cash Receipts $

Current Attempt in Progress Clay Co's projected sales are as follows: Clay estimates that it will collect 30% in the month of sale, 50% in the month after the sale, and 18% in the second month following the sale. Two percent of all sales are estimated to be bad debts How much are Clay Co's budgeted cash receipts for October? Budgeted Cash Receipts