The Guitar Shoppe reports the following budgeted sales: August, $120,000, and September, $250,000. For its total sales, 40% are immediately collected in cash, 55% are credit sales and collected in the month following sale, and the remaining 5% are written off as uncollectible. Prepare a schedule of cash receipts from sales for September THE GUITAR SHOPPE Schedule of Cash Receipts from Sales Sales Cash receipts from September S 250,000 Total cash receipts S