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18. Calculate the amount of cash collected from customers in March using the following information: $35,000 $140,000 January February March Cash Sales $30,000 $40,000 Credit
18. Calculate the amount of cash collected from customers in March using the following information: $35,000 $140,000 January February March Cash Sales $30,000 $40,000 Credit Sales $120,000 $160,000 Credit sales are collected as follows: 45% in the month of the sale 25% in the month after the sale- 30% two months after the sale The amount of cash collected from customers in March would be A) $170,000 B) $174,000 C) $179,0004
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