Sales for the upcoming quarter for a company's only product are budgeted as: - Jan $290,000 - Feb $278,500 - Mar- $263,600 - Apr $252,300 Assume 10% of a month's sales are for cash and 90% are credit sales. Credit sales are collected in the month following the month of sale. Accounts Receivable at the end of March is $277,010 $237,240. $241.740. $250,650 Sales for the upcoming quarter for a company's only product are budgeted as: - Jan $290,000 - Feb $278,500 - Mar- $263,600 - Apr $252,300 Assume 10% of a month's sales are for cash and 90% are credit sales. Credit sales are collected in the month following the month of sale. Accounts Receivable at the end of March is $277,010 $237,240. $241.740. $250,650