XYZ has the following financial information:Year $1$ Revenue: $$400,000$Year $1$ Accounts Receivable: $$48,000$If Year $2$ sales are expected to increase by $5\%$ to $$420,000,$ what is the projected Accounts Receivable balance for Year $2$ using the percent$-$of$-$sales forecasting method? $$46,200$$$50,400$$$54,500$$$58,800$$$63,000$