22.

Avril Company makes collections on sales according to the following schedule:

40% in the month of sale

57% in the month following sale

3% in the second month following sale

The following sales are expected:

	Expected Sales
January	$210,000
February	$140,000
March	$130,000

Cash collections in March should be budgeted to be:

$130,000

$138,100

$130,630

$131,800