8. The firm has projected next year's quarterly sales at $960, $890, $980, and $1,050 for Quarters 1 to 4, respectively. Accounts receivable at the beginning of the year are $212 and the collection period is 30 days. What is the amount of the accounts receivable balance at the end of Quarter 1? Assume a quarter has 90 days. A) $640 B) $532 C) $320 D)$212 E.108