Compton Company expects the following total sales Month March April May June Sales $28,000 $18,000 $26,000 $23,000 The company expects 70% of its sales to be credit sales and 30% for cash. Credit sales are collected as follows: 25% in the month of sale, 75% in the month following the sale. The budgeted accounts receivable balance on May 31 is: Multiple Choice $12,250. $13,650. $21,030