The budget director of Natalia's Florist has prepared the following sales budget. The company had $220,000 in accounts receivable on July 1. Natalia'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. July August September Sales Budget Cash sales $ 70,000 $ 72,000 $ 90,000 es Sales on account 82,000 114,000 139,600 Total budgeted sales $ 152,000 $ 186,000 $ 229,600 Schedule of Cash Receipts Current cash sales Plus: Collections from accounts receivable Total budgeted collections $ 290,000 $ 154,000 $ 204,000 b. Determine the amount of accounts receivable the company will report on its third quarter pro forma balance sheet. Accounts receivable