Pitkins company collects 20% of a months sales in the month of sale. 70% in the month following the month of sale and 6% in the second month following the month of sale. The remainder is uncollectable.

Budgeted sales for the new four months are:

January =1,200,000

February=1,500,000

March=1,780,000

April=1,300,000

Budgeted collection for April are:

a.1,300,000

b.900,000

c.1,596,000

d.1,356,000