A company's history indicates that 20% of its sales are for cash and the rest are on credit Collections on credit sales are 30% in the month of the sale, 50% in the month following the sale. and 15% in the second month following the sale. Projected sales for January, February, and March are $60,000, $85,000 and $95,000, respectively. The March expected cash receipts from current and prior credit sales is: