Chiwen, Inc has budgeted sales for the upcoming months as follows: February $ 230,000 March 1$ 200,000 April IS 250.000 $ 300.000 May 20% of sales are made in cash, the remainder is on credit. Credit sales are collected 40% in the month of sale, the remaining the following month. What are budgeted cash collections for April Refer to Question 34 ( Chiwen, Inc). What is the budgeted Accounts Receivable balance for April 30