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| Whopper, Inc., budgeted sales on account of $150,000 for July, $210,000 for August, and $198,000 for September. Collection experience indicates that 60% of the budgeted sales will be collected the month after the sale, 36% the second month, and 4% will be uncollectible. The cash receipts from accounts receivable that should be budgeted for September equal A. $180,000 B. $165,600 C. $194,400 D. $198,000 |