17. Genius Professor Mullen Company has the following budgeted sales: January $80,000, February $120,000, and March $100,000.40% of the sales are for cash and 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% the next month. The total expected cash receipts (CRJ)during March are: A) $112,000. B) $106,000. C) $105,000. D) $100,000. 18. Lao Shu Mouse Company expects to purchase $90,000 of materials in July and $105,000 of materials in August Three-quarters (75%) of all purchases are paid for in the month of purchase and the other one fourth (25%)are paid for in the monthfollowing the month ofpur disbursements (CDJ) for materials purchases be? A) $67,500 B) $78,750 C) $101,250 D) $105,000 hase. How much will August's cash