Wildhorse Company produces and sells chairs: Monthly budgeted sales are as follows: The ending inventory of finished goods is 5% of the next month's budgeted sales. 10% of sales are budgeted as cash sales and the remaining sales are budgeted as credit sales. According to the company records, 40% of credit sales are collected in the same month. 35% are collected in the next month, 22% are collected two months after the sale, and remaining are uncollectible. If the company is selling 1 chair for $150, then calculate total cash received in September. $58005 $56708 $58284 $59805