The next two questions are based on the following information: Hera Corp has the following budgeted sales in each quarter of the year 2024 : Cash collection information are as follows: 1 Of all sales, 60% are on credit. 250% of credit sales are collected in the quarter in which the sale is made; 30% are collected in the following quarter; and 20% are collected in the second quarter after sale. 3 Accounts Receivable is estimated to be $70,000 on December 31,2023 . The company expects to collect all outstanding receivable in the first quarter of 2024. 7 What is the ending balance of Accounts Receivable for 2024? A. $108,000 B. $105,600 C. $148,800 D. $210,000 E. None of the above