Martinique's Boutique Has a 45 Day Collection Period

Martinique's Boutique has a 45 day collection period.Sales for the next four quarters are estimated at $1,200,$1,100,$2,300,and $1,800,respectively,starting with the first quarter of the year.Given this information,which one of the following statements is correct? Assume a 360 day year.

A) The firm will collect $1,175 in Quarter 2.
B) The accounts receivable balance at the beginning of Quarter 4 will be $950.
C) The firm will collect $600 from Quarter 2 sales in Quarter 3.
D) The firm will have an accounts receivable balance of $900 at the end of the year.
E) The firm will collect a total of $2,100 in Quarter 4.