Assume the following facts about a firm:Projected selling price per unit $3.70/u

Assume the following facts about a firm:Projected selling price per unit $3.70/unitProjected monthly unit sales 300000 unitsTypical receivables balance 1.5 months of salesIf sales are evenly distributed throughout the year what is nextyears projected ending accounts receivable balance?$1665000$138750$1110000none of the above