Hardenstein 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 $ $100$

Budgeted unit sales $($all on credit$)$:

January $7,000$

February $8,000$

March $11,900$

April $14,900$

Credit sales are collected:

$40\%$ in the month of the sale

$45\%$ in the month following sale

$14\%$ in second month following

$1\%$ expected uncollectible

The budgeted accounts receivable balance at the end of March is closest to:

A$)$ $$814,000$

B$)$ $$647,000$

C$)$ $$816,000$

D$)$ $$900,000$