The controller of Oriole Company estimates sales and production for the first four months of 2022 as follows: January February March April Sales $32,700 $42,800 $49,500 $27,100 Production in units 900 1,600 1,900 2,300 Sales are 40% cash and 60% on account, and 60% of credit sales are collected in the month of the sale. In the month after the sale, 40% of credit sales are collected. It takes 4 kg of direct materials to produce a finished unit, and direct materials cost $5 per kg. All direct h materials purchases are on account, and are paid as follows: 40% in the month of the purchase and 60% the following month. Ending direct materials inventory for each month is 40% of the next month's production needs. January's beginning materials inventory is 980 kg. Suppose that both accounts receivable and accounts payable are zero a h beginning of January. What is the accounts receivable balance at the end of March? Accounts receivable balance TA $ 6504