Typhanye company budgeted its January sales to be $20,000 units of its interactive books. Because of an aggressive marketing campaign, Typhanye expects sales to increase by 10% each month. The selling price is $40 each. Based on past experience, all sales will be on account. 40% of the sales will be collected in the same month as the sale, 30% are 40% of the sales will be collected in the same month as the sale, 30% are collected one month later and 30% are collected two months later. Assuming the month of January began with no account receivable balance, what is the budgeted account receivable balance for the end of February?