50.

As of January 1 of the current year, Grackle Company had accounts receivable of $50,000. The sales for January, February, and March were $110,000,$140,000, and $150,000, respectively. Of each month's sales, 20% are for cash Of the remaining 80% (the credit sales), 60% are collected m the month of sale, with the remaining 40% collected in the following month. What is the total eash collected (both from accounts recervable and for cash sales) in the month of February? a. 562,400 6,5129,600 c. $130,400 d. $133,600