Southland Company usually sells 30% of its merchandise during a month for cash with the remaining sales on account. The company's accounts receivable paymen history is as follows: Collected in the month of sale Collected in the month after sale Collected in the second month after sale Total budgeted sales for the second quarter are as follows: 30% 50% 15% April May June $120,000 $100,000 $180,000 Which of the following is true of April sales? Oo, Cash balance on April 30 8.575,000 Ob. In May, 25,200 will be collected in cash from April credit ales Oc 536,000 will be collected in April from April sale Od In April, 561,200 will be collected in cash from sales made in April Oe. Total cash collected in Aprilis 5120,000