Altuvie y Bregman sells only on credit to customers, no cash sales. You have been given the following information regarding the collection of those credit sales: 60% are collected in the month of the sale, 30% in the month following the sale, and 10% in the second month following the sale. The table below gives the budgeted sales data for the four months shown Total sales January February March April $700,000 $500,000 $400,000 $600,000 Cash receipts in April are expected to be