Audrey has forecast sales to be $200,000 in February $274,000 in March, $294.000 in April, and $314.000 in May. The average cost of goods sold is Gox of sales All sales are made on credit and sales are collected to in the month of sale, 30% the month following and the remainder two months after the sale. What is the budgeted Accounts Receivable balance on May 317 Multiple Choice $215.800 O $157,000 $120,500 $10.000