At Dente's cash balance on March 1 is $2500 it has provided the following information for the ronth of October - Sales are budgeled to be $157,000 in March. February sales were $181,500 and January sales were $196,200. 15%6 of sales are collected in cash, with the remeininc 85% being credit sales. Collection of credit sales are made according to the following scherdule: - 60% in the month of sale - 30% in the month followng sale - 10 in the second month following sale - Food and supply purchases are expected to be $120,000 in March. Food and supply purchases in February were $150.000 N Dente's payt 25% in the month of purchase, and 75% in the month following - Olher cash disturbements total $24,900 - Depreclaton for the month is budgeted to be $900 - Al Dente's would like to maintain a minimum cash balance of $2500. Borrowings, if needed, are made in $1,000 increments at 186 interest per month. What are the total budgeted cash collections from sales for the month of March? Muttole Choice 52,550 $80,070