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Seventy percent of Pakin Corporation's sales are collected in the month of sale 20% in the month following sale, and 10% in the second month

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Seventy percent of Pakin Corporation's sales are collected in the month of sale 20% in the month following sale, and 10% in the second month following sale. The following are budgeted sales data for the company January February March Budgeted sales $200,000 $300,000 $350,000 $250,000 Total budgeted cash collections in April would be Mutople Choice 5375.000 370000 $30,000 $175.000

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