Jazzy Janitors has found that only 10% of its invoiced amounts are paid in the same month that

the work is completed. Sixty percent are paid in the month after the work is completed and 30%

are paid in the second month after the work is completed. During December 2013, Jazzy Janitors'

invoiced $200,000 to clients.

Projected revenues for the first six months of 2014 are given below:

Month Revenue

January 180,000

February 215,000

March 220,000

April 218,000

May 240,000

June 255,000

What is the expected Accounts Receivable balance at March 31, 2014?

A. $198,000

B. $280,500

C. $262,500

D. $205,000