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Benton Company's sales budget shows the following expected total sales: Month Sales January $ 17,000 February $ 38,000 March $ 43,000 April $ 48,000 The

Benton Company's sales budget shows the following expected total sales:

Month Sales
January $ 17,000
February $ 38,000
March $ 43,000
April $ 48,000

The company expects 70% of its sales to be on account (credit sales). Credit sales are collected as follows: 25% in the month of sale, 66% in the month following the sale with the remainder being uncollectible and written off. The total cash receipts during April would be:

Multiple Choice

$42,666.

$25,200.

$34,200.

$34,445.

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