UreyStUVIS Cirsprayed below.) Ross Corporation makes all sales on account. The June 30th balance sheet balance in its accounts receivable is $490,000, of which $285,000 pertain to sales that were made during June. Budgeted sales for July are $1,340,000. Ross collects 70% of sales in the month of sale; 20% in the following month; and the final 10% in the second month after the sale. What is the budgeted balance of Ross's accounts receivable as of July 31? Multiple Choice O $1.200,000 $1,015,500 O $1.223,000