Ross Corporation makes all sales on account. The June 30th balance sheet balance in its accounts receivable is 10 $400,000, of which $240,000 pertain to sales that were made during June. Budgeted sales for July are $1,250,000. Ross collects 70% of sales in the month of sale; 20% in the following month; and the final 10% in the second month after the sale. 8 00:48:03 What is the budgeted balance of Ross's accounts receivable as of July 31? Multiple Choice O $375,000 O $455,000 O $415,000 O $396,000