All of Porter Corporation's sales are on account. Seventy percent of the credit sales are collected in the month of sale, 15% 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 $428,000 February $602,000 March $676,000 April $860,000 Total sales Cash receipts in April are expected to be $602.000 $703.400 $763.600 $161,600