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2.) 320,000 Xias = 80,000 20. Tolla Company is estimating the following sales for the first six months of next year: 1.) 410.000 * 7

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2.) 320,000 Xias = 80,000 20. Tolla Company is estimating the following sales for the first six months of next year: 1.) 410.000 * 7 = 291.000 January $350,000 February $300,000 March $320,000 3.) 410,000K.02 = ( 8,200 April $410,000 $450,000 June $470,000 May Sales at Tolla are normally collected as 70% in the month of sale, 25% in the month following the sale, and the remaining 5% being uncollectible. In addition, those customers paying in the month of sale are given an additional 2% cash discount. Based on this information, how much cash should Tolla expect to collect during the month of April? a. $281,260 b. $361,260 c. $366,010 d. $393,760 e. $410,000

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