Peaches & Cream Company's sales are 30% in cash and 70% on credit. Sixty percent 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 is uncollectible. The following are budgeted sales data:

	January	February	March	April
Total Sales	$60,000	$75,000	$52,000	$38,000

What would be the budgeted total cash receipts in April?

Select one:

a. $47,900

b. $38,900

c. $27,230

d. $42,760