Sheridan, Inc reports all its sales on credit, and pays operating costs in the month isasecif Amounts for 2022 are: - Customer amounts on account are collected 80% in the month of sale and 20%6 in the following month. - Cost of goods sold is 65% of sales. - Sheridan purchases and pays for merchandise 35% in the month of acquisition and 65% in the following month. - Operating expenses are: Salaries, \$50300; Depreciation, $12600; Rent, $15000; and Utilities, $13700. - Accounts payable is used only for inventory acquisitions. How much is Sheridan's May 31, 2022 budgeted Accounts Receivable? $63880 $313680 $255520 $319400