The Little Toy Company Will Start Doing Business in February

The Little Toy Company will start doing business in February and needs to forecast its total cash receipts for April.Its projected total sales are $15,000,$20,000,and $25,000 for February,March and April,respectively.Little Toy anticipates that 50% of sales will be for cash and 1/2 of credit sales will be collected the month after sale with the remained being collected 2 months after the sale.What the forecasted cash receipts to Little Toy in April?

A) $21,250
B) $17,500
C) $8,750
D) none of the above