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Waterway Industries reported the following information for 2022: October November December Budgeted sales $950000 $885000 $1160000 All sales are on credit Customer amounts on account

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Waterway Industries reported the following information for 2022: October November December Budgeted sales $950000 $885000 $1160000 All sales are on credit Customer amounts on account are collected 50% in the month of sale and 50% in the following month. What is the November 30, 2022 budgeted balance of Accounts Receivable? $580000 $475000 O $442500 $917500

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