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From the following data calculate the estimated cash received from total sales during the month of May. Total sales for April, $40 000; May, $18

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From the following data calculate the estimated cash received from total sales during the month of May. Total sales for April, $40 000; May, $18 000. Cash sales are 60% of total sales and credit sales are 40% of total sales in each month. Credit sales are normally settled in the following pattern: 20% in the month of sule and 90% in the month following the sale a. $25 040 Ob. $18 000 O 535 600 $34 000 O e. $12240

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