Compton Company expects the fohowing total sales Sales March $31,000 April $21,000 May $15,000 326,000 The company expects cox of its sales to be credit sales and 40% for carn. Crect sales are collected as follows: 30% in the month of saw. 70% in the month following the wew. The bed accuta receivable balance on May is Multiple Choice 26800 $6.47% $11250 56.300