A company's history indicates that $25\%$ of its sales are for cash and the rest are on credit. Collections on credit sales are $25\%$ in the month of the sale, $45\%$ in the month following the sale, and $20\%$ in the second month following the sale. Projected sales for January, February, and March are $$61,000,$ $$86,000$ and $$96,000,$ respectively. The March expected cash receipts from current and prior credit sales is:

Multiple Choice

$$46,575$

$$65,775$

$$56,175$

$$74,900$

$$81,900$