Use the following information to answer Questions 1 through 3. Smooth Roller, Inc. makes tricycles (3-wheeled bikes) used for leisurely riding. In budgeting for the rst four months of 2021, Smooth Roller made the following estimates about its tricycles. Estimates: Sales Volume (Uhits) Revenue January 10,000 $8,500,000 February 15,000 $12,750,000 March 12,000 $10,200,000 April 20,000 $17,000,000 Cash Sales and Collections: Percent of sales that are cash sales: 20% Percent of sales that are credit sales: 80% - Credit sales collected in month of sale 25% - Credit sales collected in month after sale 45% - Credit sales collected two months after sale 30% Inventory Policy: Tricycles inventory at the end of each month should be 20% of the next month's sales needs. Assume the Accounts Receivable balance was $0 on January 1, 2021. Compute the balance of Accounts Receivable on April 1, 2021. 0 None of the above. O $9,180,000 0 $7,650,000 0 $11,475,000