Richards Corporation had the following budgeted sales for the first half of next year:

$-$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:

$-$The accounts receivable balance on January $1$ is $$69,000.$ Of this amount, $$54,000$ represents uncollected December sales and $$15,000$ represents uncollected November sales.

What is the budgeted accounts receivable balance on May $30?$

Multiple Cholce

$$120,000$

$$161,700$

$$54,000$

$$215,700$