32. The Andrews Company sells a product for $10. Budgeted sales for the first quarter of 2002 are as follows: January February March Budgeted Sales $80,000 50,000 90,000 The company collects 70% in the month of sale and 25% in the following month. Five percent of all sales are uncollectible and written off. Budgeted cash receipts for March are: a. $102,500. b. $78,000. c. $75,500. d. $63,000