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Murphy's sales in units were 105,000 in January, 102,000 in February. Expected sales in units for March are 115,000 and a 2.5% increase for April.

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Murphy's sales in units were 105,000 in January, 102,000 in February. Expected sales in units for March are 115,000 and a 2.5% increase for April. The selling price is $15. The collection policy for Murphy is 40% of sales are cash, 35% are collected in 1 month and the remaining in 2 months, How much will be the budgeted sales receipts in April? PRESENT YOUR ANSWER ROUNDED TO ZERO DECIMAL PLACES. DON'T USE COMMA SEPARATORS

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