answer all please

The next two questions are based on the following and cash collections for the Lchman Corporation for Quarter 1 are listed below: January $125.000 March $85,000 $195,000 $280,000 Budgeted sales Cash Sales Credit Sales Total Sales February S100,000 $260,000 $360,000 Collections on credit sales are as follows Month of sale Month after sake 2nd month after sale 60% 30% 10% December sales and $100,000 The accounts recivable bulance on lamury I is $175,000 of which $75,000 represents uncolle represents uncollected November sales 7 If the total cash collected in March was $321,500, then total January sales must have been $415.000 5540,000 A. B. C $1,390,000 D. E. None of the above $41,500 8 If January credit sales were $400,000, (ignore any answer derived for previous question), the accounts receivable balance as of the of January would be 518,750 $198.750 A. B. $160000 5178.750 E None of the above D