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 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:

Benton Company's sales budget shows the following expected total sales: 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: Mutiple Choice $36,560. $27,275. $21,525. $20,200