COVID 19 Co has forecast sales to be $131,000 in February, $135,00o in March, $155.00o in April, and $149,000 in May. The average cost of goods sold is 75% of sales. All sales are on made on credit and sales are collected 60% in Pthe month of sale, and 40% the month following What are budgeted cash receipts in April a. $133.400 b $94.100 C $96,900 d $147,000