Polly 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: Total Sales January $60,000 February $75,000 March $52,000 April $38,000 What would be the budgeted total cash receipts in April? Multiple Choice $27,230 $42,760 $38.900 $47.900