Avril Company makes collections on sales according to the following schedule:

20% in the month of sale

70% in the month following sale

7% in the second month following sale

The following sales are expected:

	Expected Sales
January	$110,000
February	$125,000
March	$125,000

Cash collections in March should be budgeted to be:

$120,200

$121,250

$125,000

$117,500