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The budget director of Natalia's Florist has prepared the following sales budget. The company had $230,000 in accounts receivable on July 1. Natalia's Florist normally

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The budget director of Natalia's Florist has prepared the following sales budget. The company had $230,000 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: Complete the schedule of cash receipts by filling in the missing amounts. 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 69,0001,00089,000 121,600 S 159.000 S 183,000 210.600 90,000 112.000 299,000$61000201,000 b. Determine the amount of accounts receivable the company ill report on its third quarter pro forma balance sheet

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