Bonita Inc. reports all its sales on credit, and pays operating costs in the month incurred. Amounts for 2020 are:

	March	April	May	June	July
Budgeted sales	$299000	$290600	$320100	$279300	$210500
Budgeted purchases	$143800	$119700	$128300	$131500	$89300

	Customer amounts on account are collected 75% in the month of sale and 25% in the following month.
	Cost of goods sold is 65% of sales.
	Bonita purchases and pays for merchandise 35% in the month of acquisition and 65% in the following month.
	Operating expenses are: Salaries, $49900; Depreciation, $11800; Rent, $15000; and Utilities, $15000.
	Accounts payable is used only for inventory acquisitions.

How much is Bonitas May 31, 2020 budgeted Accounts Receivable?

$320100

$80025

$240075

$312725