Lowell Consulting, which sells on terms 2/10, n/30, had credit sales for March and April of \($60,000\) and \($50,000,\) respectively. Analysis of Lowell’s operations indicates that the pattern of customers’ payments on account is as follows (percentages are of total monthly credit sales):

Determine the estimated cash collected on customers’ accounts in April.

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In month of sale... In month following sale.. Uncollectible accounts, returns, and allowances. Beyond Receiving Discount Discount Period Totals 40% 20% 60% 15% 20% 35% 5% 100%