Midwest Candles has estimated quarterly sales for next year, starting with Quarter 1, of $50,020, $54,619, $105,403, and $46,510.The accounts receivable period is 15 days. What is the expected accounts receivable balance at the end of the second quarter? Assume each month has 30 days.

$7,251.71

$8,419.92

$9,103.17

$6,465.06

$17,567.21