"PROBLEM 2 The sales forecasts of Player Company for the first nine months of 1938 are as follows. April Julio 190,000.00 January February March 100,000.00 110,000.00 May 120,000.00 130,000.00 180,000.00 August 200,000.00 115,000.00 June September 220,000.00 Cash sales are 25% of monthly sales and credit sales are collected 30% in the month following the sale, 30% the following month and 40% in the following month the safe. Required IN APRIL How much cash will you receive from January credit sales? a: 33,000 b 25,875 24,750 d. 30,000 31.000 BO C $ 4 & 7 8 2 3 Y W T R U 7 E H K J F S G D