Consider the following information from the Sales Budget Total Credit Sales Sales January $ 80,000 $ 64,000 February $ 150,000 $ 120,000 March $ 180,000 $ 144,000 April $ 90,000 $ 72,000 May $ 60,000 $ 48,000 June $ 40,000 $ 32,000 10 pts Assume the following rates of collection: Month of sale 20% 1st month after sale 30.0% and 2nd month after sale 35% Compute May's ending balance of accounts receivable O $97.200 O None of the other answers am conect $56.400 $63.600