178 PLANNING: OPERATING ACTIVITIE LO 2 E6.17 Kallsen Enterprises, in its first year of operations, has provided the following estimated sales information: Month 1 Month 2 Month 3 $150,000 160,000 170,000 Based on past experience with similar companies, the manager believes that 55 percent of sales will be collected in the month of sale while the remaining 45 percent will be collected in the month following the sale. What is the expected accounts receivable balance each mondo am within the month of sale a 2 Planning, the Problems