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_AlCo's sales are all on account to customers. The company's collection pattern is: 70% collected in the month 4. of sale; 25% collected in the

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_AlCo's sales are all on account to customers. The company's collection pattern is: 70% collected in the month 4. of sale; 25% collected in the month following sale; and the remaining 5% is uncollectible. The accounts receivable balance on March 31 was $30,000, all of which was collectible. The cash balance at the beginning of April was $21,000. Forecasted sales information follows: Forecasted sales for January Forecasted sales for Forecasted sales for March Forecasted sales for April Forecasted sales for May $110,000 130,000 90.000 100,000 120,000 Determine the amount of cash to be collected during the month of March

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