The Gardner Company expects sales for October of $241,000. Experience suggests that 45% of sales are for cash and 55% are on credit. The company collects 50% of its credit sales in the month of sale and 50% in the month following sale. Budgeted Accounts Receivable on September 30 is $63,500. What is the amount of Accounted Receivables on the October 31 budgeted balance sheet? Multiple Choice $132,550. $63,500. $108,450 $120,500 $66,275