QUESTION 15 Feeney Furniture prepared the following sales budget: Month Cash Sales Credit Sales March $22,000 $13,000 April $40,000 $20,000 May $38,000 $40,000 June $59,000 $52,000 Credit collections are 30% in the month following the sale, and 62% in the month of sale. The remaining 8% is expected to be uncollectible. What is the total cash received in April from the April sales at Feeney Furniture? a. $52,400 b. $60,000 c. $12,400 d. $27,600