QUESTION 19 Not yet answered Marked out of 1.50 P Flag question COVID 19 Co has forecast sales to be $131,000 in February. $135,000 in March $155.000 in April, and $149,00o in May. The average cost of goods sold is 75% of sales All sales are on made on credit and sales are collected 60% in the month of sale, and 40% the month following. What are budgeted cash receipts in April? Select one: a. $133,400 O b. $147,000 C $94,100 O d. $96.900