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

45% in the month of sale

50% in the month following sale

5% in the second month following sale

The following sales have been are expected:

	Expected Sales
January	$140,000
February	$150,000
March	$140,000

Budgeted cash collections in March should be budgeted to be:

$140,000

$138,000

$145,000

$140,700