Multiple Choice Question 122 The following credit sales are budgeted by Waterway Industries January February March April 5254000 330000 450000 350000 in the second month following the sale. The company's past experience indicates that 70% of the accounts receivable are collected in the month of sale, 20% in the month following the sale, and The anticipated cash innow for the month of Aprilis 08320 $361800 $337000 $353000