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