Smithtown, Industries projects a beginning cash balance for October 1, of $45,000. They project sales of: October $120,000; November $250,000; and December $300,000. They have a projected 9/30 Accounts Receivable Balance of $80,000, with $50,000 projected to be collected in October, and the rest in November. October and November sales are expected to be on credit with 60% collected the month after the sale and the remainder collected the following month. They have no outstanding payables and expect to pay cash for all their inventory purchases. Inventory is purchased the month before it is sold and cost of goods sold is 40% of sales. Inventory balance at September 30 is $63,000. What is the projected Accounts receivable balance at November 30?