Black Horse Transportation's sales budget for the first quarter follows: January $125,000 February $300,000 March $290,000 All sales are on account (credit) with 50% collected in the month of sale, 30% collected in the following month after sale, and 20% collected in the second month after sale. There are no uncollectable accounts. The account receivable balance that would appear on the balance sheet for March is: A) $142,500 B) $205,000 C) $150,500 D) $105,000