Answer:
$275,000
Explanation:
month budgeted sales budgeted cash collections
January $200,000 $140,000
February $300,000 $210,000 + $40,000
March $350,000 $245,000 + $60,000 + $20,000
April $250,000 $175,000 + $70,000 + $30,000
the total budgeted cash collections for April = ($250,000 x 70%) + ($350,000 x 20%) + ($300,000 x 10%) = $175,000 + $70,000 + $30,000 = $275,000
