The Tennant Company has the following budgeted sales: January $40,000, February $60,000, March $50,000, and April $30,000. 40% of the sales are for cash and 60% are on credit. For the credit sales, 50% is collected in the month of sale and 50% the next month. The total expected cash receipts during April are:

Select one:

a. $24,000

b. $33,000

c. $30,000

d. $36,000