Towing Company has budgeted sales for the next six months as followS: May June July August September October Sales for Cash $42,000 $37,000 $29,000 $48,000 $52,000 $45,000 Sales on Account $257,000 $243,000 $238,000 $251,000 $269,000 $263,000 On average, 32% of the sales on account are collected in the month of sale, 40% are collected in the month following sale, 16% are collected in the second month following sale, 9% are collected in the third month following sale, and the remaining 3% is collected four months after the month of sale. Calculate Towing Company's budgeted accounts receivable at October 31