ClassQuestI Corporation, a company located in Tacoma, WA, had the following sales. MONTH SEP OCT NOV DEC JAN FEB Total Sales $100,000 $120,000 $80,000 $90,000 $150,000 $120,000 10% of all sales are cash sales. The rest are credit sales. Credit sales are collected as follows: 20% in the month of sale, 70% in the month following sale, and 10% in the second month following sale. Calculate the Accounts Receivable balance as at December 31st?