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1 ) It is anticipated that 3 0 % percent of Brunson Corporation's sales are collected in cash each month. 7 0 % are on

1) It is anticipated that 30% percent of Brunson Corporation's sales are collected in cash each month. 70% are on credit. For credit sales, 60% is collected in the month of sale, 30% in month following sale and 10% in the second month following sale. The following are budgeted sales data for the company:
January February March April
Budgeted sales $200,000 $300,000 $400,000 $300,000
Total budgeted cash collections in March would be closest to:
A) $385,000
B) $345,000
C) $365,000
D) $351,000

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