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1 The following information pertains to Triot Company: Month January February March Sales $70,000 $90,000 $110,000 Purchases $52,000 $30,000 $75,000 Cash is collected from customers

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1 The following information pertains to Triot Company: Month January February March Sales $70,000 $90,000 $110,000 Purchases $52,000 $30,000 $75,000 Cash is collected from customers in the following manner: Month of sale 40% Month following the sale 60% How much cash will be collected from customers in February

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