From the Following Data Calculate the Estimated Cash Received from Credit

Multiple Choice

From the following data calculate the estimated cash received from credit sales during the month of May.Credit sales for March,$25 000; April,$30 000; May,$18 000.
Credit sales are normally settled in the following pattern: 50% in the month of sale,40% in the month following the sale,and 10% in the second month following the sale.

A) $12 000
B) $21 000
C) $9 000
D) $23 500