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Benton Company's sales budget shows the following expected total sales Month January February March April Sales $24,000 $31,000 $36,000 $41,000 h The company expects 80%

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Benton Company's sales budget shows the following expected total sales Month January February March April Sales $24,000 $31,000 $36,000 $41,000 h The company expects 80% of its sales to be on account (credit sales), Credit sales are collected as follows: 25% in the month of sale and 70% in the month following the sale, with the remainder being uncollectible and written off. The total cash receipts during April would be Multiple Choice $20,200 $27.275 $20,200. $27,275 $21,525 $36,560

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