A Question 64 (1 point) Retake question E4Listen ABC Company has the following sales projections for the next three months. Historically it collects 75 percent of its sales in the month when the sale is made and 25 percent in the month after. April Sales projection $55,000 1) $18,300 2) $16,325 3) $65,300 May What is the balance in its accounts receivable at the end of May? 4) $14,800 $65,300 June $44,800