Castform Co. sells complete outfits for a uniform price of $75 each; 50% of the sales were made on cash and 50% were made on credit terms. Of the customers on credit, 70% are expected to pay by the end of the month following the sale, 28% are expected to pay by the end of the next month following, and 2% are expected to turn into bad debts. Budgeted sales for 2020 were as follows: January, 300 outfits; February, 300 outfits; March, 400 outfits; April, 500 outfits; May, 500 outfits. Cash collection for the month of April 2020 would be budgeted as Select one: O a. $32,400 O b. $25,975 O c. $37,500 O d. $30,000