Wigmore, Inc., has estimated sales of $14,200, $16,200, $17,320, and $15,900 for each quarter next year, respectively. The accounts receivable period is 80 days. What is the expected accounts receivable balance at the end of the second quarter? Assume each month has 30 days.

a) $12,622.22

b) $1,924.44

c) $15,395.56

d) $14,400.00

e) $1,800.00