A company's history indicates that $30\%$ of its sales are for cash and the rest are on credit. Collections on credit sales are $25\%$ 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 $$80,000,$ $$105,000$ and $$115,000,$ respectively. The March expected cash receipts from current and prior credit sales is:

Multiple Choice

$$76,775$

$$93,250$

$$110,000$

$$53,775$

$$65,275$