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Sodere Corporation makes collections on sales according to the following schedule: 70% in month of sale 20% in month following sale 10% in second month

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Sodere Corporation makes collections on sales according to the following schedule: 70% in month of sale 20% in month following sale 10% in second month following sale. The following are budgeted sales data for the company: January........ $200,000 February............. $300,000 March.... $350,000 April........ $250,000 Total budgeted cash collections in April would be: Select one: O a. $70,000 b. $275,000 OC. $30,000 d. $175,000

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