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Credit collections are 5% two months following the sale, 43% in the month following the sale, and 50% in the month of the sale. The

Credit collections are 5% two months following the sale, 43% in the month following the sale, and 50% in the month of the sale. The remaining 2% is expected to be uncollectable. what is the total cash recieved in april from the april sales at boise boots? image text in transcribed
Boise Boots prepared the following sales budget: Month Cash Sales Credit Sales March $22,000 $5,000 April $39,000 $19,000 May $41,000 $40,000 June $53,000 $50,000 Credit collections are 5% two months following the sale, 43% in the month following Boots? O A. $48,500 O B. $58,000 O C. $29,500 D. $9,500

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