The Green Hornet Sells Earnings Forecasts for International Securities

The Green Hornet sells earnings forecasts for international securities.Its credit terms are 2/10,net 30.Based on experience,55 percent of all customers will take the discount.The firm sells 2,700 forecasts every month at a price of $1,100 each.What is the firm's average balance sheet amount in accounts receivable?

A) $940,274
B) $1,408,272
C) $1,855,233
D) $1,867,012
E) $1,915,387