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Tiger Inc's Sales Budget is as follows: April: $120,000 May: $130,000 June: $150,000 80% of Tiger's sales are on account. Terms are n/30 and customers

Tiger Inc's Sales Budget is as follows:

April: $120,000

May: $130,000

June: $150,000

80% of Tiger's sales are on account. Terms are n/30 and customers always pay in the month following the sale. 20% of Tiger's sales are in exchange for cash, which is paid on the date of sale.

What are Tiger's May cash receipts?

Group of answer choices

130,000

134,000

122,000

96,000

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