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e the following to answer questions 6-7: e LaPann Company has obtained the following sales forecast data: July $60,000 $70,000 $50,000 $80,000 $200,000 $220,000 $180,000 $240,000 August September October Cash sales Credit sales e regular pattern of collection of credit sales is 20% in the month of sale 70% in the month following the month of sale, and the remainder in the second month following the month of sale. There are no bad debts. The budgeted accounts receivable balance on September 30 is: A) B) C) D) S148,000 $166,000 $190,000 $126,000 The budgeted cash receipts for October are: A) $188,000 B) C) $226,000 D) $248,000 $276,000 amires two direct