'PROBLEM 2 The sales forecasts of Player Company for the first nine months of 19X8 are as follows. 100,000.00 April 120,000.00 Julio 190,000.00 January February March 110,000.00 May 130,000.00 August 200,000.00 115,000.00 June 180,000.00 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 and 40% in the following month the safe. Required IN MAY How much cash will you receive from MARCH cash sales? a. 24,750 b. 31,000 c. 30,000 d. 25875 e. 33,000