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Wigmore, Inc., has estimated sales of $14,600, $16,575, $17,510, and $16,300 for each quarter next year, respectively. The accounts receivable period is 65 days. What

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Wigmore, Inc., has estimated sales of $14,600, $16,575, $17,510, and $16,300 for each quarter next year, respectively. The accounts receivable period is 65 days. What is the expected accounts receivable balance at the end of the second quarter? Assume each month has 30 days. Multiple Choice $4,863.89 $10,544.44 $4,604.17 $12,646.11 $11,970.83

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