Toscano Company makes all its sales on account Accounts receivable payment experience is as follows: Percent paid in the month of sale 25% Percent paid in the month after the sale 64% Percent paid in the second month after the sale 5% Toscano provided information on sales as follows What is budgeted cash to be collected on account for the month of August? $45,000 $132,000 $119, 390 $150,000