The projected sales revenues for March, April and May are provided below. Sales are collected 35% in the month of sale and 65% in the month following the sale. In April, there is a plan to borrow $10,000 from the bank in order to purchase an $8,000 piece of equipment and to use the remaining $2,000 to pay out dividends. Prepare the cash receipts schedule for April. Calculate the projected accounts receivable at April 30th