The Gardner Company expects sales for October of $248,000. Experience suggests that 45% of sales are for cash and 55% are on credit. The company collects 50% ofits credit sales in the month of sale and 50% in the month following sale. Budgeted Accounts Recelvable on September 30 is $67,000. What is the amount of cash expected to be collected In October? Multiple Cholce $178,600 $179,800 $246,800