Sam Company is estimating the following sales for the first five months of next year: January $250,000 February$220,000 March $240,000 April May $300,000 $360,000 Sales at Sam are normally collected as 70% in the month of sale, 25% in the month following the sale, and the remaining 5% being uncollectible. Based on this information, how much cash should Sam expect to collect during the month of April? $270,000 $264,000 $290,700 $306,000