All of Gaylord Corporation's sales are on account. Thirty-five percent of the sales on account are collected in the month of sale, 45% in the month following sale, and the remainder are collected in the second month following sale. The following are budgeted sales data for the company:

What is the amount of cash that should be collected in March?

A) $24,000

B) $37,000

C) $41,000

D) $51,000

Total sales January $50,000 February $60,000 March $40,000 April $30,000