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Question 36 (2.5 points) Alta Company's sales for the next two months are as follows: March $170,000 April $155.000 Collection history for the company indicates

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Question 36 (2.5 points) Alta Company's sales for the next two months are as follows: March $170,000 April $155.000 Collection history for the company indicates that 60% of sales are collected in the month of the sale, and 40% are collected in the following month. Budgeted cash collections for April are: $93,000 $155,000 $170,000 $161.000

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