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Billings Rail Company's sales for the next five months are as follows: $175,000 February March $160,000 $145,000 April May June $135,000 $130,000 Collection history for the company indicates that 50% of sales are collected in the month of the sale, 38% is collected in the following month, and 12% of sales are uncollectible. How much are total budgeted cash receipts for April? Select one: O a. $133,300 O b. $123,800 O c. $154,300 od. $72,500 Question 30 Not yet answered Marked out of 1.00