The 2011 financial statements of CVS Caremark reported sales of $126,761 million and AR of $8,729 million. If sales are projected to increase 3% next year, what is the projected AR balance for 2014?
a) 10,928 million
b) 8,729 million
c) 12, 532 million
d) 9,009 million
e) 9,139 million