I NEED A CORRECT ANSWER FOR THIS QUESTION I AM POSTING. TWO DIFFERENT CHEGG EXPERTS HAVE GIVEN ME TWO DIFFERENT ANSWERS. UNDER THIS LINK TO CHEGG, AN EXPERT IS GIVING AN ANSWER OF 32,900, BUT ANOTHER CHEGG EXPERT TOLD ME THE ANSWER TO THIS QUESTION IS 42,900. I NEED TO KNOW WHICH IS THE CORRECT ANSWER WITH DETAILED EXPLANATION. PLEASE BE SURE OF YOUR ANSWER! THIS IS THE LINK TO WHERE THE EXPERT SAID THE ANSWER IS 32,900: http://www.chegg.com/homework-help/questions-and-answers/lash-corporation-following-sales-budget-last-half-2000-assume-credit-sales-july-100-000-oc-q3846025 AND THIS IS HOW THE OTHER EXPERT TOLD ME IT WAS 42,900:

Accounts Receivable at December 31 - $42,900

December sales- $94,000 *35% = $32,900

November Sales = $100,000 *10% = $10,000

Total = $32,900 + $10,000 = $42,900

IS THE ANSWER REALLY 42,900, OR 32,900???

HERE IS THE QUESTION:

QUESTION 5

Lash Corporation has the following sales budget for the last half of 2000:

(Assume all credit sales)

July $100,000 October $90,000

August 80,000 November 100,000

September 110,000 December 94,000

Historically, the cash collection of sales has been as follows:

65 percent of sales collected in month of sale,

25 percent of sales collected in month following sale, and

10 percent of sales collected in second month following sale.

What is accounts Receivable at December 31?

a.$ 10,000

b.$ 15,000

c.$ 32,900

d.$ 42,900