A company is formulating its plans for the coming year, including the preparation of its cash budget. Historically, the company's sales are 30% cash. The remaining sales are on credit with the following collection pattern: Collections on Account In the month of sale Percentage 408 01:50:46 In the month following the sale Uncollectible 58% 28 MC Sales for the first 5 months of the coming year are forecast as follows: January February $3,620,000 3,920,000 March 3,720,000 April 4,120,000 May 4,320,000 For the month of April, the total cash receipts from sales and collections on accounts would be: (CIA adapted) Multiple Choice Prost Next > 20 For the month of April, the total cash receipts from sales and collections on accounts would be: (CIA adapted) 01:50:22 Multiple Choice $3,899,920. $3,846,674. $4,546,000. $4,151,100