20 / 2 ptsABC Company has sales forecasts of the following: February = $40,000; March =$65,000. All sales are on account and are collected as follows: 20% in thecurrent month, 50% in the month following, 25% in the second month following,and 5% uncollectible. If the total cash receipts for March equal $48,250, whatis the sales forecast for January