12. Parlee Company's sales are 30% in cash and 70% on credit. Sixty percent of the credit sales are collected in the month of sale, 25% in the month following sale, and 12% in the second month following sale. The remainder is uncollectible. The following are budgeted sales data: January February NIarch April Total Sales $60,000 $70,000 $50,000 $30,000 What would be the budgeted total cash receipts in April? A. $27,230. B. $36,230. C. $38,900. D. $47,900