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21. Khaki Corp. has the following budgeted sales data: Cash Sales Credit Sales January $90,000 $300,000 February $80,000 $320,000 March $80,000 $350,000 April $95,000 $400,000

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21. Khaki Corp. has the following budgeted sales data: Cash Sales Credit Sales January $90,000 $300,000 February $80,000 $320,000 March $80,000 $350,000 April $95,000 $400,000 The regular pattern of credit sales collections is 40% in the month of the sale, 50% in the month following the sale, 8% in the second month following the sale, and the remainder uncollectible. How much would Khaki budget for cash receipts for the month of April

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