Crowe Company expects the following total sales:

Month Sales

March 30,000

April 20,000

May 30,000

June 25,000

The company expects 70% of its sales to be credit sales. Credit sales are collected as follows: 25% in the month of sale, 65% in the month following the sale with the remainder being uncollectible. The budgeted accounts receivable balance on May 30th is

a.$20,550

b.$22,500

c.$13,650

d.$14,350