Gordon Co. has forecast sales to be $210,000 in February $275,000 in March, $295,000 in April, and $315,000 in May. The average cost of goods sold is 60% of sales. All sales are made on credit and sales are collected 50% in the month of sale, 30% the month following and the remainder two months after the sale. What is the budgeted Accounts Receivable balance on May 31? Multiple Choice $99,000 O $216,800 $99.900 O O $157,500