Question 5: (4 marks) ABC Company collects 20% of a month's sales in the month of sale, 70% in the month following sale, and 6% in the second month following sale. The remainder is uncollectible. Budgeted sales for the next four months are: January February March April Budgeted sales $200,000 $300,000 $350,000 $250,000 Instructions: compute total cash collections in April