Crocetti Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: Budgeted selling price per unit Budgeted unit sales (all on credit): January February March April Credit sales are collected: 40% in the month of the sale 60% in the following month $ 121 7,000 7,500 11,900 14,900 The budgeted accounts receivable balance at the end of February is closest to:

Crocetti Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations. Credit sales are coliected: 40% in the month of the sale 60% in the following month The budgeted accounts receivable balance at the end of February is closest to