Grover has forecast sales to be $140,000 in February, $150,000 in March, $165,000 in April, and $155,000 in May. The average cost of goods sold is 70% of sales. All sales are made on credit and sales are collected 60% in the month of sale, and 40% the month following. What are budgeted cash receipts in April? Multiple Choice O S156,000 S166,000 5116,000 S159,000