spring Ltd is preparing a cash budget for their first three months in business, from September to November. Information about their sales receipts is as follows:

40% of sales receipts will be collected in the month of sale of goods, and these customers receive a 2% discount for prompt payment

50% of sales receipts will be collected the month following the sale of goods, and these customers receive no discount

10% of sales will be bad debts. Budgeted sales are 45,000 for September, 27,000 for October and 32,000 for November.

What should the budgeted sales receipts figure be for October?

a. 33,300

b.10,584

c. 22,500 d.

d. 33,084