Your Company's sales are 40% in cash and the rest on credit. Fifty percent of the credit sales are collected in the month of sale, 25% in the month following sale, and 20% in the second month following sale. The remainder are uncollectible. The following are budgeted sales data:

		January	February	March	April
Total sales		$60,000	$70,000	$50,000	$30,000

What are the total cash receipts in the April budget?

a. $52,700

b. $36,900

c. $32,700

d. $24,900

e. $53,500