The LaPann Corporation has obtained the following sales forecast data: Cash sales Credit sales July $ 80,000 $240,000 August September October $ 70,000 $50,000 $ 60,000 $220,000 $180,000 $200,000 The regular pattern of collection of credit sales is 20% In the month of sale, 70% In the month following the month of sale, and the remainder in the second month following the month of sale. There are no bad debts. The budgeted accounts receivable balance on September 30 would be: Multiple Choice O O $126.000 $148.000 O $166,000 O O $190,000