Harrti Corporation Has Budgeted for the Following Sales

Multiple Choice

Harrti Corporation has budgeted for the following sales:
Sales are collected as follows:
10% in the month of sale; 60% in the month following the sale; and the remaining 30% in the second month following the sale.In Razz's budgeted balance sheet at December 31,at what amount will accounts receivable be shown?

A) $690,000
B) $219,000
C) $621,000
D) $840,000