Compton Company expects the following total sales: Month Sales March $38,000 Ap ril $28, 000 May $22,000 June $33,000 ' 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 0 $10,150. 0 $11,550. O $30,150. 0 $16,500