QUESTION 11 Sioux Corporation is estimating the following sales for the first four months of next year: January $260,000 February $230,000 March $270,000 April $320,000 Sales are normally collected 60% in the month of sale, 35% in the month following the sale, and the remaining 5% being uncollectible. Based on this information, how much cash should Sioux expect to collect during the month of April? A. 5286,500 B. $320,000 C. 5192,000 D. 594,500