This is the sales budget for a local company: July August September October November December $445,400 $580, 400 $615, 200 $890,200 $732,000 $692,000 Sales are collected as follows: 15% in the month of sale; 65% in the month following the sale, and the remaining 20% in the second month following the sale. What will be the Accounts Receivable on December 31st? Multiple Choice $734.600 $146.400 $588,200 $692,000