Shown below are the budgeted sales for ABC Company for the next six months: Sales for Cash Sales on Account January $27,000 $175,000 February $22,000 $162,000 March $33,000 $214,000 April $19,000 $148,000 May $38,000 $222,000 June $24,000 $171,000 On average, 11% of the sales on account are collected in the month of sale, 42% are collected in the month following sale, 39% are collected in the second month following sale, and the remaining 8% is collected three months after the month of sale. Calculate ABC Company's budgeted accounts receivable at June 30.