Parlee Company's sales are 30% in cash and 70% on credit. Sixty % of the credit sales are collected in the month of sale, 25% in the month following sale, and 12% in the second month following sale. The remainder are uncollectible. The following are budgeted sales data: Total sales....January $60,000...February $70,000...March $50,000....April $30,000 Total cash receipts in April would be budgeted to be:

1. a.$38,900
2. b.$47,900
3. c.$27,230
4. d.$36,230