Manoli Manufacturing has been accumulating operating data to prepare an annual profit plan. Details regarding Manoli's sales for the first six months of the coming year are as follows: Estimated Monthly Sales January $600,000 Type of Monthly Sale February $650,000 Cash sales March $700,000 Credit sales April $625,000 May $720,000 June $800,000 20% 80% 30% 40% Collection Pattern for Credit Sales Month of sale One month following sale Second month following sale Uncollectible 25% 5% Manoli's total cash receipts for the month of April will be: $707.400 $754.000 May June $720,000 $800,000 30% 40% Collection Pattern for Credit Sales Month of sale One month following sale Second month following sale Uncollectible 25% 5% Manoli's total cash receipts for the month of April will O $707.400 $754,000 O $629,000 $499.000 O $653,000