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Forest Gardens, Inc., has a beginning receivables balance on February 1 of $730. Sales for February through May are $720, $780, $820, and $850, respectively.

Forest Gardens, Inc., has a beginning receivables balance on February 1 of $730. Sales for February through May are $720, $780, $820, and $850, respectively. The accounts receivable period is 30 days. What is the amount of the April collections? Assume a year has 360 days.

A. $720 B. $780 C. $790 D. $820 E. $850

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