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Avril Company makes collections on sales according to the following schedule: 30% collected in the month of sale 60% collected in the month following sale

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Avril Company makes collections on sales according to the following schedule: 30% collected in the month of sale 60% collected in the month following sale 8% collected in the second month following sale 2% uncollectible The following sales are expected: Expected Sales January $100,000 February 120,000 March 110,000 Cash collections in March should be budgeted to be: Select one: a. $105,000 b. $110,800. c. $110,000. O d. $113,000

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