need help

The LaGrange Corporation had the following budgeted sales for the first half of the current year: January February March April May June Cash Sales $ 70,000 $ 75,000 $ 27,000 $ 22,000 $ 32,000 $ 100,000 Credit Sales $ 170,000 $ 199, eee $ 150, eee $ 197,000 $ 220,000 $ 10,000 The company is in the process of preparing a cash budget and must determine the expected cash collections by month. To this end, the following information has been assembled: Collections on sales: 50% in month of sale 40% in month following sale 10% in second month following sale The accounts receivable balance on January 1 of the current year was $65,000, of which $47.000 represents uncollected December sales and $18,000 represents uncollected November sales What is the budgeted accounts receivable balance on May 31