The LaPann Corporation Has Obtained the Following Sales Forecast Data

The LaPann Corporation has obtained the following sales forecast data:
The 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 would be:

A) $126,000
B) $148,000
C) $166,000
D) $190,000