A company's past experience indicates that 60% of its credit sales are collected in the month of sale, 30% in the next month, and 5% in the second month after the sale; the remainder is never collected. Budgeted credit sales for the first quarter are:

January $310000

February 316000

March 570000

Budgeted cash receipts for the month of March are?

- $436800.

- $452300.

- $439300.

- $342000.