d. 37,400 pounds o g 1400xSx 20%=-7600 e. None of the above. The answer is 36 800 7. The Khaki Corporation has the following budgeted sales data: January February Cash Sales $ 70,000 $90,000 Credit Sales $400,000 $450,000 e. None of the above. The answer is__ March $80,000 $300,000 April $ 70,000 $320,000 The regular pattern of collection of credit sales is 40% in the month of sale, 50% in the month following sale, and the remainder in the second month following the month of sale. There are no bi debts. The budgeted accounts receivable balance on February 28 would be: a. $250,000 C. $260,000 b. $255,000 d. $265,000 e. None of the above. The answer is