All of Porter Corporation's sales are on account. Fifty-five percent of the credit sales are collected in the month of sale, 30% in the month following sale, and 10% in the second month following sale. The remainder are uncollectable. The following are budgeted sales data for the company:

	January	February	March	April
Total sales	$500,000	$764,000	$566,000	$710,000

Cash receipts in April are expected to be:

$390,500

$560,300

$636,700

$246,200

r Corporation's sales are on account. Fifty-five percent of the credit sales are collected in the month cf ving sale, and 10% in the second month following sale. The remainder are uncollectible. The following for the company January prl $710000 $500,000$764000 ipts in Aprit are expected to bel 390,500 560.300 636.700 $246.200