A company's history indicates that 25% of its sales are for cash and the rest are on credit. Collections on credit sales are 20% in the month of the sale, 50% in the month following the sale, and 20% in the second month following the sale. Projected sales for January, February, and March are $79.000, $104,000 and $114,000, respectively. The March expected cash receipts from current and prior credit sales is: Multiple Choice $56,550 $79.350 $67,950 $90,600 $109,000