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All of Pocast Corporation's sales are on account. Sixty percent of the credit sales are collected in the month of sate, 305 in the month

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All of Pocast Corporation's sales are on account. Sixty percent of the credit sales are collected in the month of sate, 305 in the month following sale, and 10s in the second month following sale. The following are budgeted sales data for the company: January February March April Total sales $700,000$500,000$400,000$600,000 Cash receipts in April are expected to be: a. $410,000 b. $530,000 c. $360,000 d. $460,000

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