Duke's has a beginning receivables balance on January 1st of $398. Quarterly sales for the year are $427, $502, $479, and $525, starting with the...

Duke's has a beginning receivables balance on January 1st of $398. Quarterly sales for the year are $427, $502, $479, and $525, starting with the first quarter. The accounts receivable period is 60 days. How much did the firm collect in the second quarter? Assume a 360-day year. A.) $479.50 B.) $464.50 C.) $452.00 D.) 477.00 OR E.) $458.50