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A company's accounts receivable balance at the end of December is $72,150, of which 21.00% is uncollected from December sales.The company's credit sales policy is
A company's accounts receivable balance at the end of December is $72,150, of which 21.00% is uncollected from December sales.The company's credit sales policy is as follows: 56.90% collected in the month of sale, 35.40% collected in the month immediately after the sale, with the remaining balance collected in the second month after the sale.How much were the total sales in November?
$703,228
$721,734
$740,240
$758,746
$777,252
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