Question $10$

$2pts$

Big Watches Co$.$ makes one product and it provided the following information to help prepare the master buidget for its first four months of operations:

The budgeted selling price per unit is $$84.$ Budgeted unit sales for September, October, November, and December are $19,000,19,000,16,000,$ and $16,000$ units, respectively. All sales are on credit.

$35\%$ of credit sales are collected in the month of the sale and $65\%$ in the following month.

The ending finished goods inventory equals $23\%$ of the following month's unit sales.

The ending raw materials inventory equals $23\%$ of the following month's raw materials production needs. Each unit of finished goods requires $10$ pounds of raw materials. The raw materials cost $$13\mathrm{.}00$ per pound.

$25\%$ of raw materialf purchases are paid for in the month of purchase and $75\%$ in the following month.

What is the accounts receivable balance at the start of December?

Round your answer to the nearest whole number.