A company's budgeted sales and cash collections for Quarter 1 are listed below: January February March Cash Sales $113,000 $100,000 $85,000 Credit Sales Collections on credit sales are as follows: Month of sale A month after sale Second month after sale $260,000 $195,000 Total Sales $360,000 $280,000 50% 40% 10% The accounts receivable balance on January 1 is $175,000, of which $75,000 represents uncollected December sales and $100,000 represents uncollected November sales. Q. If the total cash collected in March was $320,000, then total January sales must have been: Answer. (Click to select)