Saved Help Save & Exit Sub Orchard has forecast sales to be $129,000 in February, $139,000 in March. $154,000 in April, and $144.000 in May. The average cost of goods sold is 70% of sales All sales are made on credit and sales are collected 70% in the month of sale, and 30% the month following What is the budgeted Accounts Receivable balance on May 31? Multiple Choice O S46.000 O $85.200 $43 200 $7.200