Sioux Corporation is estimating the following sales for the first four months of next year: Sales are normally collected 60% in the month of sale and 40% in the month following the sale. Based on this information, how much cash should Sioux expect to collect during the month of April?

A) $370,000
B) $222,000
C) $119,000
D) $358,000

To determine the cash collected in April, we need to calculate the sales that are due from March and April:

Sales due from March = $900,000 x 40% = $360,000
Sales due from April = $1,100,000 x 60% = $660,000

Total cash expected to be collected in April = Sales due from March + Sales due from April = $360,000 + $660,000 = $1,020,000

Therefore, the correct answer is D) $358,000.