The Guitar Shoppe reports the following budgeted sales: August, $110,000; and September, $230,000. For its total sales, 40% are Immediately collected in cash, 45% are credit sales and collected in the month following sale, and the remaining 15% are written off as uncollectible. Prepare a schedule of cash receipts from sales for September. THE GUITAR SHOPPE Schedule of Cash Receipts from Sales September $ 230,000 Sales Cash receipts from: Cash sales Collections of prior period sales Total cash receipts $