18. Martinez Corporation's sales of gizmos are 25% for cash and 75% on credit. Past collection history indicates that credit sales are collected as follows: Second Month After Month of Sale Month After Sale Uncollectible Sale 30% 50% 15% 5% In January, sales were $80,000 and February sales were $70,000. Projected sales for March are 3,000 gizmos at $12 each. Projected sales for April are 4,000 gizmos at $13 each. Calculate the budgeted cash collections for April.