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- ( c ), is a retailec its accountants are preparing the company's 2nd quarter master budget. The company has the following balance sheet as

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- \\( c \\), is a retailec its accountants are preparing the company's 2nd quarter master budget. The company has the following balance sheet as of March 31. Ccountants have made the following estimates: 1. Sales for Aprik, May, June, and July Will be \\( \\$ 390,000, \\$ 410,000, \\$ 400,000 \\), and \\( \\$ 420,000 \\), respectively. 2. All soles ore on credit Eoch month's credit sales afe collected \35 in the month of sale and \65 in the month following the sale. All of the accounts receivable at March 31 will be collected in April. 3. Each month's ending imventory must equal \30 of next month's cost of goods sold. The cost of goods sold is \60 of sales. The company pays for \40 of its merchandise purchoses in the month of the purchase and the remaining \60 in the month following the purchase, All of the accounts payable at March 3 t are related to previous merchandise puechases and will be paid in April. 4. Monthly seling and administrative expenses are always \\( \\$ 54,000 \\). Each month \\( \\$ 7,000 \\) of this total amount is depreclation expense and the remaining \\( \\$ 47,000 \\) is spent for expenses that ore paid in the month they are incurred. 5. The company will not borrow money or pay or deciare dividends during the 2 nd quarter, The company will not issue any common stock of repurchase its own stock during the 2nd quarter. How much is the company's expected Accounts Recelvable balance on June 30

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