Livingstone Manufacturing has the following sales budgets for the fourth quarter. Cash sales Credit sales October $290 200 593.160 November $312400 $137.600 December $404.800 $159,120 The accounting manager has analyzed cash collections and determined that credit sales are collected 60% in the month of sale, 25% in the month following the sale, and 15% in the 2 month following sale. What is Livingstone's Accounts Receivable balance as of December 31st? 584280 $63648 SO $225568