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All of Porter Corporation's sales are on account. Fifty percent of the credit sales are collected in the month of sale, 35% in the month

All of Porter Corporation's sales are on account. Fifty percent of the credit sales are collected in the month of sale, 35% in the month following sale, and 10% in the second month following sale. The remainder are uncollectible. The following are budgeted sales data for the company:

January February March April Total sales $404,000 $614,000 $694,000 $814,000

Cash receipts in April are expected to be:

$407,000

$649,900

$711,300

$304,300

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