The Gardner Company expects sales for October of $258,000. 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 $73,000, what is the amount of cash expected to be collected in October? Multiple Choice $129,000. $187050. $116,100. $260,050. $189,100