The financial analyst for Sportif, Inc. has compiled sales and disbursement estimates for the coming months of January through May. Historically, 75 percent of sales are for cash with the remaining 25 percent collected in the following month. The ending cash balance in January is $3,000. The financial analyst for Sportif, Inc. Month Sportif, Inc. Disbursements Sales has compiled sales and disbursement estimates for the coming months of January through May. Historically, 75 percent of sales are for cash with the remaining 25 percent collected in the following month. The ending cash balance in January is $3,000 $6,000 $7,000 January S 5.000 February 6,000 March 10.000 April 10,000 May 10.000 $4,000 $5,000 $5,000 O A. $9,250 O B. $5,000 O C. $10,000 OD. $7,500 The total cash receipts for April are (See Table 4.3)