Question 4 4.5 pts Towing Company has budgeted sales for the ne xt six months as follows: May 57,000 June 43,000 July 38,000 August 69,000 September 51,000 October 63,000 $42,000 $37,000 $29,000 $48,000 $52,000 $45,000 $2 $2 $2 $2 $2 $2 On average, 32% of the sales on account are collected in the month of sale, 40% are collected in the month followi ng sale, 16% are collected in the second month following sale, 8% are c ollected in the third month following sale, and the remaining 4% is coll ected four months after the month of sale. Calculate Towing Company's budgeted accounts receivable at October 31