X Thirty percent of Sharp 0/1 Company's sales are for cash and 70% are on account. Sixty percent of the account sales are collected in the month of sale, 25% in the month following sale, and 12% in the second month following sale. The remainder is uncollectible. The following are budgeted sales data for the company: Total Sales: January ($50,000), February ($60,000), March ($40,000) April ($30,000). Total A/R balance for the quarter ending in March is expected to be: $31,560 $33,640 $43,500 $17,500