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All of Porter Corporation's sales are on account. Sixty percent of the credit sales are collected in the month of sale, 25% in the month

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All of Porter Corporation's sales are on account. Sixty percent of the credit sales are collected in the month of sale, 25% in the month following sale, and 10% in the second month following sale. The remainder are uncollectible. The following are budgeted sales data for the company January February March April Total sales $400,000 5600,000 $500,000 5700,000 Cash receipts in March are expected to be O A $490,000 OB. 5545,000 O $605,000 OD.5185,000

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