D Question 3 Smooth flow Ltd produce a range of plumbing equipment that they sell to DIY stores. Their budgeted sales revenue for the next 4 months is shown below: Sales () February 250,000 March 280,000 April 260,000 May 280,000 3 pts 20% of sales are for cash and 80% on credit. 40% of credit customers pay in the month after the month of sale and 50% two months after the month of sale. The remaining 10% is expected to be irrecoverable. Budgeted sales for January were 200,000. What are the budgeted sales receipts that would be included in the cash budget for April? 251,200 304,000 216,000 O 241,600 234,000