The budget director of Heather's Florist has prepared the following sales budget. The company had $270,000 in accounts receivable on July 1. Heather's Florist normally collects 100 percent of accounts receivable in the month following the month of sale. Required a. Complete the schedule of cash receipts by filling in the missing amounts. b. Determine the amount of accounts receivable the company will report on its third quarter pro forma balance sheet. July August September $ $ $ 72,000 96,000 168,000 73,000 101,000 174,000 82,000 120,600 202,600 $ $ $ Sales Budget Cash sales Sales on account Total budgeted sales Schedule of Cash Receipts Current cash sales Plus: Collections from accounts receivable Total budgeted collections $ 342,000 $ 169,000 $ 183,000 Accounts receivable