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 $53,775 $76,775 $110.000 $65.275