ABC Company budgeted the following sales for the first three months of 2020: January February March Cash sales $70,000 $85,000 $60,000 Credit 200,000 220,000 170,000 sales Credit sales are normally collected as follows: 30% in the month of sale and 70% in the month following the sale. The March 31, 2020 balance sheet will report Accounts Receivable of: O $119,000 $69,000 O $51,000 $ 161,000