The following sales are budgeted for July $446,800 August $581,800 September $615,900 October $890,900 November $739,000 December $699,000 Help Save & Exit Sub Sales are collected as follows: 10% in the month of sale; 60% in the month following the sale; and the remaining 30% in the second month following the sale. (Q) At what amount will accounts receivable be shown for at December 31? Corporation has 500 obsolete TV monitors that they carry in their inventory at a total cost of $720,000 If these monitors are upgraded at a total cost of $180,000, they can be sold for a total of $240,000. As an alternative, (Q) What is the financial advantage (disadvantage) to can sell them now in their present condition for $50,000. from upgrading the monitors