COVID 19 Co has forecast sales to be $126,000 in February $144,000 in March, $152,000 in April, and $142.000 in May. The average cost of goods sold is 70% of sales All sales are made on credit and sales are collected 60% in the month of sale, and 40% the month following What is the budgeted Accounts Receivable balance on May 31 Select one a $98.800 Ob $84,800 C$59.600 d 356,800