Pardee Company makes 30% of its sales for cash and 70% on account. 60% of the account sales are collected in the month of sale, 25% in the month following sale, and 12% in the second month following sale. The remainder is uncollectible. The following information has been gathered for the current year: Month total sales 1=$60,000 2=$70,000 3=$50,000 4=$30,000 Total cash receipts in Month 4 will be: a. $38,000. b. $47,900. c. $27,230. d. $36,230