Matterhorn, Inc. had the following sales for the past six months. Matterhorn collects its credit sales 30% in the month of sale, 60% one month after the sale, and 10% two months after the sale.

Cash SalesCredit Sales

January$50,000$50,000

February$70,000$110,000

March$55,000$95,000

April$78,000$130,000

May$80,000$105,000

June$75,000$148,000

What are Matterhorn's total cash receipts for the month of April? show work

Select one:

a.$176,000

b.$98,000

c.$168,000

d.$208,000